The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kare Family Pvt Trust & Other
INDOCO · price
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Kare Family Pvt. Trust (KFPT) acquired 55,34,874 shares (6.00%) of Indoco Remedies from promoter Aruna Suresh Kare via an off-market transfer on 26th December 2025. The consideration was Nil, as this is part of a family succession-planning arrangement under a trust formed on 22nd November 2024 by the promoters. After the transfer, KFPT's direct holding in Indoco Remedies rose from 8.20% to 14.20%, while Aruna Suresh Kare's holding dropped from 6.00% to 0.00%. KFPT also separately acquired stakes in two promoter holding companies — SIPL and SHPL — from Aruna Suresh Kare. The aggregate promoter group holding remains unchanged at 51.27% before and after the transaction, with no change in total share capital (9,22,47,905 equity shares of Rs. 2 each).
This is a neutral, internal reshuffle within the promoter family and does not change overall promoter control or free-float of the stock. Retail investors should not read this as a positive or negative signal — no new capital was raised, and no promoter is exiting the company.