The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Katra Holdings Ltd
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Awaiting price reaction for this filing.
Katra Holdings Ltd, part of the promoter group of Kerala Ayurveda Ltd, sold 23,87,408 equity shares (19.84% of total share capital) through open market transactions on June 20 and June 23, 2025. The promoter's holding has dropped from 64,93,435 shares (53.97%) to 41,06,027 shares (34.12%) post the sale. The total share capital of the company remains unchanged at 1,20,32,451 shares. The disclosure was filed under SEBI SAST Regulation 29(2) on June 25, 2025.
This is a significant promoter stake sale, reducing the promoter group's shareholding below 50% and crossing the 5% change threshold under takeover norms. The large open-market divestment could create short-term selling pressure on the stock and may raise concerns about promoter confidence in the company.