Promoter Trinity Infraventures stake in Keto Motors rises to 92.49% via IBC plan
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Trinity Infraventures and PACs acquired 5,60,47,800 shares (79.57%) of Keto Motors via a scheme of arrangement under an IBC resolution plan on 31.03.2026. Trinity alone rose from 28.50% to 67.08%. Combined promoter holding increased from 63.25% to 92.49%. This filing is a correction of a typographical error in the original disclosure where total paid-up capital was mistakenly shown instead of acquirer plus PACs holding.
Promoters now hold over 92% of Keto Motors, leaving less than 8% with public shareholders. Open offer is exempted under SEBI SAST Regulation 10(1)(da) since the acquisition is via an IBC resolution plan.