The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ketan Shah
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Mr. Ketan Babulal Shah, along with Person Acting in Concert (PAC) Jeet Ketan Shah, has sold 5,03,424 equity shares (0.46% of paid-up capital) of KBS India Limited on the exchange floor on 16 October 2025. The seller is not part of the promoter or promoter group of the company. His holding reduced from 88,28,013 shares (8.16%) to 83,24,589 shares (7.69%) post the sale. The total share capital of the company remained unchanged at 10,82,11,880 shares.
This is a small open-market sale by a non-promoter shareholder, reducing his stake only marginally from 8.16% to 7.69%. Limited impact on shareholders; no change in promoter control or company fundamentals.