The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sameer Kothari & Others

Sameer Kothari and promoter group members disclosed share allotments under a Scheme of Arrangement involving Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited. As part of the scheme, the company allotted 4,81,39,085 equity shares on May 21, 2026. Individual promoters acquired significant shares: Asha Kothari received 1,37,71,125 shares (11.37%), Sameer Kothari received 77,56,652 shares (6.40%), and Aditi Kothari received 65,21,006 shares (5.38%). In total, promoters acquired 2,80,48,783 shares (23.15%). Notably, Vanity Case India Pvt Ltd's holding of 4,64,58,145 shares was cancelled as part of the scheme restructuring. Post-transaction, total promoter holding decreased from 59.22% to 43.20%.