Disclosure under Regulation 29(2) of SEBI Takeover Regulations
Kesar India Limited (Scrip Code: 543542) has made a disclosure to BSE Limited regarding a share transfer within its promoter group, pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
- Acquirer: Gopal Chand Gupta HUF (member of Promoter Group)
- Mode of Acquisition: Off-market gift from relatives
- Date of Acquisition: September 03, 2026
- Number of Shares Acquired: 100 equity shares
- Percentage of Total Capital: 0.00% of total share/voting capital
Pre-Transaction Holding
Before this acquisition, Gopal Chand Gupta HUF held:
- 0 shares carrying voting rights (0.00%)
- 0 shares encumbered (0.00%)
- 0 voting rights otherwise than by shares (0.00%)
- 0 warrants/convertible instruments (0.00%)
- Total holding: 0 shares (0.00%)
Post-Transaction Holding
After the acquisition, Gopal Chand Gupta HUF holds:
- 100 shares carrying voting rights (0.00%)
- 0 shares encumbered (0.00%)
- 0 voting rights otherwise than by shares (0.00%)
- 0 warrants/convertible instruments (0.00%)
- Total holding: 100 shares (0.00%)
Capital Structure Information
- Total Equity Share Capital: 3,25,34,218 equity shares of ₹10 each
- Total Voting Capital: Same as equity share capital
- Total Diluted Share/Voting Capital: 3,25,34,218 equity shares of ₹10 each
Complete Promoter Group Shareholding (Post-Transaction)
The annexure provides detailed shareholding of all promoters and promoter group entities:
1. Gopal Gupta (Promoter): 1,85,85,647 shares (57.13%)
2. Sangeeta Gopalchand Gupta (Promoter Group): 6,86,414 shares (2.11%)
3. Yash Gopal Gupta (Promoter Group): 14,46,904 shares (4.45%)
4. Sachin Gopal Gupta (Promoter Group): 9,83,366 shares (3.02%)
5. Pankhuri Yash Gupta (Promoter Group): 29,271 shares (0.09%)
6. Shweta Sachin Gupta (Promoter Group): 29,271 shares (0.09%)
7. Yash Gupta HUF (Promoter Group): 700 shares (0.00%)
8. Kesar Infracon Private Limited (Promoter Group): 1,14,285 shares (0.35%)
9. Kesar Lands Private Limited (Promoter Group): 1,14,285 shares (0.35%)
10. Gopal Chand Gupta HUF (Promoter Group): 100 shares (0.00%)
11. Sachin Gupta HUF (Promoter Group): 100 shares (0.00%)
Disclosure and Authentication
- Disclosure Date: September 04, 2026
- Regulatory Reference: Regulation 29(2) of SEBI Takeover Regulations, 2011
- Stock Exchange: BSE Limited
The transaction represents a minor restructuring within the promoter group with no material impact on the overall promoter holding of approximately 67.59%.