The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prakash Shah & Mrs. Suman Prakash Shah
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Mr. Prakash Shah (acquirer) along with Mrs. Suman Prakash Shah (Person Acting in Concert) have disclosed an open market purchase of shares in Hit Kit Global Solutions Ltd under Regulation 29(2) of the SEBI Takeover Regulations, 2011. Prakash Shah bought 7,46,486 shares (1.53%) and Suman Shah bought 2,63,303 shares (0.54%), totalling 10,09,789 shares (2.07%). Their combined holding increased from 9.09% (44,48,436 shares) to 11.16% (54,58,225 shares), crossing the 10% disclosure threshold. The acquirer has explicitly confirmed that he does NOT belong to the promoter or promoter group. Purchases were executed on various dates, with the most recent tranches on 3 December 2025 (1,25,000 shares) and 4 December 2025 (1,75,000 shares).
This is a non-promoter creeping acquisition crossing the 10% trigger threshold, which means the acquirer has now crossed an important SEBI disclosure level. Shareholders should note potential for further accumulation toward higher takeover thresholds (e.g., 15%, 25%), which could influence control dynamics in this small-cap stock.