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DSKULKARNINSEDS Kulkarni Developers Limited· ConstructionHighNeutral
Announced Tue, 9 Dec, 2025 · 18:42 IST

DS Kulkarni trust finishes share sale, meets minimum public shareholding rule

Price reaction

Awaiting price reaction for this filing.

AI summary

DSK Shareholders Trust, a non-promoter entity, sold 5,00,000 equity shares (5% of total capital) on December 5 and December 8, 2025 through the stock exchange OFS mechanism. With this sale, public shareholding in the company rose to 5%, meeting the minimum public shareholding requirement under SCRR rules 19(2)(b) and 19A. The sale was carried out under the resolution plan approved by NCLT Mumbai in June 2023.

Likely market impact

Company has now met minimum public shareholding norms, removing risk of trading curbs or compulsory delisting action.