The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
BFINVEST · price
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KSL Holdings Private Limited (Seller) transferred 50,54,091 equity shares (13.42% of share capital) of BF Investment Limited to two promoter group entities — Ajinkya Investment & Trading Company (25,54,091 shares) and Sundaram Trading & Investment Private Limited (25,00,000 shares) — on March 24, 2026, at approximately Rs. 358.20 per share. Ajinkya's stake rose from 27.32% to 34.10% and Sundaram's from 26.00% to 32.63%, while KSL Holdings' stake dropped to 0%. The total promoter and promoter group holding remains unchanged at 74.13% (2,79,22,726 shares) before and after the transaction. The transfer qualifies for exemption from open offer under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, 2011, and the required fee of Rs. 1,77,000 (including GST) has been paid to SEBI.
This is a purely internal reshuffling of shares within the promoter group, with no change in aggregate promoter ownership or public shareholding. Shareholders should see no material impact on stock price or voting control, as the overall promoter control of the company at 74.13% remains the same.