The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anand Kumar Kedia
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Anand Kumar Kedia, a promoter of Associated Alcohols & Breweries Ltd, has disclosed acquisition of 4,50,000 equity shares (2.49% stake) through a preferential allotment on 04th September 2025. The promoter's holding in the company has increased from 7,27,400 shares (4.02%) to 11,77,400 shares (6.20%). This is filed under Regulation 29(2) of SEBI SAST Regulations, 2011. The company's total equity share capital also expanded from 1,80,79,200 shares to 1,89,79,200 shares, indicating additional allotments to other parties in the same preferential issue.
The promoter's confidence in the company is reinforced as he subscribed to fresh shares rather than selling, which is generally viewed positively by retail investors. The preferential allotment also causes equity dilution of existing shareholders by about 4.98%, though the promoter's own economic commitment has grown.