Kalpesh B Kothari, promoter group member of Tirupati Foam Limited, sold 35 equity shares through open market transactions as disclosed under SEBI regulations. His shareholding decreased from 67,730 to 67,695 shares while maintaining 1.537% stake. The company's total equity capital remains Rs. 4,40,70,000 comprising 4,407,000 shares of Rs. 10 face value each.
Tirupati Foam Promoter Group Member Sells 35 Equity Shares in Open Market Transaction
Promoter group member Kalpesh B Kothari of Tirupati Foam Limited has disclosed the sale of 35 equity shares through open market transactions, as per regulatory filing requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The disclosure, submitted to BSE Limited on February 25, 2026, provides comprehensive details of the share sale transaction conducted through the stock exchange platform.
Parameter Details Seller Kalpesh B Kothari (Promoter Group) Shares Sold 35 equity shares Transaction Mode Open Market Stock Exchange BSE Limited
Shareholding Pattern Changes
The transaction resulted in a marginal change in Kothari's absolute shareholding while maintaining his percentage stake in the company.
Shareholding Details Before Transaction After Transaction Number of Shares 67,730 67,695 Percentage Holding 1.537% 1.537% Voting Rights 1.537% 1.537%
Company Share Capital Structure
Tirupati Foam Limited's equity structure remained unchanged following this minor transaction by the promoter group member.
Capital Structure Amount/Details Total Equity Share Capital Rs. 4,40,70,000 Number of Equity Shares 4,407,000 shares Face Value per Share Rs. 10 Diluted Share Capital Rs. 4,40,70,000
Regulatory Compliance
The disclosure fulfills the mandatory reporting requirements under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which mandates promoters and promoter group members to disclose any acquisition or disposal of shares that results in a change in shareholding. The filing was submitted to both BSE Limited and the company secretary of Tirupati Foam Limited, ensuring complete regulatory compliance and transparency in shareholding changes.
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.
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