The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kinex India Pvt Ltd
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Kinex India Private Limited, a non-promoter shareholder of Bartronics India Limited, has filed a revised SAST disclosure correcting an earlier submission. The entity sold 1,07,97,204 equity shares (3.55% of total capital) on multiple dates between 4th March and 30th March 2026 via off-market sales. Before the sale, Kinex held 21,12,75,769 shares (69.37%). After the sale, its holding reduced to 20,04,78,565 shares (65.82%). The disclosure was revised to correct an inadvertent error in the original filing dated 1st April 2026.
Kinex India sold a meaningful 3.55% stake but remains the largest shareholder at 65.82%, well above the 25% threshold. The sale is via off-market transactions and no regulatory trigger for open offer appears imminent.