KDDL Limited has filed a disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details a series of acquisitions and disposals of shares by members of the promoter group.
Nature of the Event
The filing is a mandatory disclosure of changes in the shareholding of the promoter group of KDDL Limited, triggered by the SEBI Takeover Regulations.
Key Quantitative Figures and Transactions
Pre-Transaction Promoter Group Holding: The combined holding of the 18 disclosed promoter group entities was 6,202,426 equity shares, representing 50.43% of the total share/voting capital of 12,299,280 shares.
Acquisitions (Total: 27,010 shares, 0.22%):
- Vardhan Properties & Investment Private Limited acquired 27,000 shares on 29-06-2026.
- Asha Devi Saboo (Veena Kanoria Family Trust) acquired 10 shares on 29-06-2026.
Disposals (Total: 308,489 shares, 2.51%):
- Pranav Shankar Saboo disposed of 35,489 shares between 25-05-2026 and 29-05-2026.
- Dream Digital Technology Private Limited disposed of 27,000 shares on 29-06-2026.
- Pranav Shankar Saboo disposed of a further 246,000 shares on 21-08-2026.
Post-Transaction Promoter Group Holding: The combined holding decreased to 5,920,947 equity shares, representing 48.14% of the total share/voting capital.
Mode of Transaction
The acquisitions were made through inter-se transfer and open market purchases. The disposals were made through inter-se transfer and open market sales.
Dates of Transaction
The transactions occurred on multiple dates: 25-05-2026 to 29-05-2026, 29-06-2026, and 21-08-2026.
Capital Structure Impact
The total equity share capital of the company remained unchanged at 12,299,280 shares throughout these transactions. The transactions resulted in a net reduction of 2.29% in the promoter group's voting rights.
Parties Involved
The disclosure involves 18 entities constituting the promoter group, including individuals, HUFs, trusts, LLPs, and private limited companies. Pranav Shankar Saboo signed the disclosure for himself and on behalf of the other promoter group members.