Tirupati Foam Promoter Group Member Sells 100 Equity Shares in Open Market Transaction

Tirupati foam promoter group member Dhirajben B Kothari has completed the sale of 100 equity shares through open market transaction on BSE Limited. The transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on February 25, 2026. Transaction Details The sale represents a minor adjustment in the promoter group's shareholding pattern. The transaction details are summarized below: Parameter: Details Seller: Dhirajben B Kothari (Promoter Group) Shares Sold: 100 equity shares Transaction Mode: Open Market Stock Exchange: BSE Limited Disclosure Date: February 25, 2026 Shareholding Pattern Changes The transaction resulted in minimal changes to Kothari's overall shareholding in the company: Holding Period: Number of Shares Percentage Holding Before Sale: 212835 4.829% Shares Sold: 100 - After Sale: 212735 4.829% Company Share Capital Structure Tirupati Foam Limited's equity share capital structure remains unchanged following this transaction: Capital Component: Details Total Equity Share Capital: Rs. 4,40,70,000 Number of Equity Shares: 4407000 Face Value per Share: ₹10 Listing Exchange: BSE Limited Regulatory Compliance The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The transaction was executed through the stock exchange mechanism, ensuring transparency and regulatory adherence. The promoter group member has fulfilled all disclosure requirements under the applicable regulations. The sale represents a routine portfolio adjustment by the promoter group member, with the overall shareholding percentage remaining effectively unchanged due to the minimal quantum of shares involved in the transaction. Tirupati Foam Limited has formally disclosed the acquisition of equity shares through inheritance under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to the transmission of 7500 equity shares from the deceased promoter group member Smt. Kamla Mehta to her husband Mr. Takhatmal Mehta. SEBI SAST Disclosure Details The company submitted the mandatory disclosure to BSE Limited on 19.02.2025, following the share transmission process. The acquisition represents 0.17% of the total share capital of Tirupati Foam Limited through inheritance. Parameter: Details Acquirer: Takhatmal Mehta (Promoter Group) Shares Acquired: 7500 Acquisition Percentage: 0.17% Mode of Acquisition: Inheritance (Transmission) Date of Acquisition: 17.02.2026 Shareholding Pattern Changes The disclosure reveals the complete shareholding transition of Mr. Takhatmal Mehta before and after the inheritance. Prior to this acquisition, he held 17500 shares representing 0.40% of the company's voting capital. Shareholding Status: Number of Shares Percentage Holding Before Acquisition: 17500 0.40% Shares Acquired: 7500 0.17% After Acquisition: 25000 0.57% Company Capital Structure Tirupati Foam Limited's equity share capital remains unchanged following this internal transmission. The company's total equity share capital stands at Rs. 4,40,70,000 comprising 4407000 equity shares with a face value of Rs. 10 each. Regulatory Compliance The disclosure was signed by CS Aksha Memon, Company Secretary and Compliance Officer, ensuring adherence to SEBI regulations. Mr. Takhatmal Mehta also submitted his acknowledgment as the acquiring promoter group member. The transmission follows the earlier notification regarding Smt. Kamla Mehta's demise and her automatic cessation from the promoter group under Regulation 31A of SEBI LODR Regulations 2015. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.