DSK Shareholders Trusts acting through its trustees Mr. Ranjit Raghunathan and Mr. Umesh Kankaria has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 5,00,000 Equity shares of face value of INR 10/- each of D.S. Kulkarni Developers Limited. Date and time of the opening of the offer for Non-Retail Investors: December 05, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: December 05, 2025 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: December 08, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: December 08, 2025 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 10/- (Rupees Ten Only)
Awaiting price reaction for this filing.
DSK Shareholders Trust, acting through its trustees Mr. Ranjit Raghunathan and Mr. Umesh Kankaria, has announced an Offer for Sale (OFS) of up to 5,00,000 equity shares of DS Kulkarni Developers Limited through the stock exchange mechanism. The floor price has been set at INR 10 per share (the face value). Non-Retail Investors can bid on December 5, 2025 between 9:15 a.m. and 3:30 p.m., while Retail Investors can bid on December 8, 2025 during the same time window. The sale will happen on a separate window of the stock exchanges.
This is a promoter-group entity offloading shares, which could create near-term supply pressure on the stock. However, since this is being done through the transparent OFS route at a defined floor price, it provides retail investors a direct opportunity to buy shares. Existing shareholders should monitor post-sale promoter holding changes.