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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kinex India Private Limited, a promoter group entity of Bartronics India Ltd, sold 10,496,770 equity shares (3.45% of share capital) through off-market transactions conducted on 7 different dates in March 2026. The sales reduced the promoter's holding from 69.37% to 65.92% of the company's total equity capital of Rs 30.46 crore. The director filing the disclosure is Oleti Chaitanya Siva Prasad. Despite the sale, the promoter group remains in majority control above the 65% threshold.
The sale of 3.45% by a promoter group typically signals reduced insider confidence or portfolio rebalancing. Since the promoter still holds nearly 66%, control remains unchanged, but the off-market nature of the transactions and the significant quantum (over 1 crore shares) may signal underlying concerns to market participants.