Keynote Financial Services Limited has informed the Exchange regarding 'Disclosure Under 10(6) Of SEBI (Substantial Acquisition Of Shares And Takeovers)Regulations 2011 Received From Mr. Vivek Suchanti.'.
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Mr. Vivek Suchanti, a promoter of Keynote Financial Services Limited, has acquired 2,82,499 equity shares (5.07% of paid-up capital) from Nirmal Suchanti HUF on June 26, 2025. The transfer is part of the dissolution and partition of the Hindu Undivided Family and involves no monetary consideration. As a result, Mr. Vivek Suchanti's stake in the company increased from 5.38% (2,99,395 shares) to 10.45% (5,81,894 shares), while Nirmal Suchanti HUF's holding has gone to nil. The transaction qualifies as an inter-se transfer among promoter group immediate relatives under Regulation 10(1)(a)(ii) of SEBI's Takeover Regulations, 2011, and is exempt from the open offer requirement. The company had made a prior intimation under Regulation 10(5) on June 20, 2025.
This is a neutral, internal restructuring of promoter holdings with no cash transaction or change in the overall promoter group control. Shareholders should note that Mr. Vivek Suchanti has crossed the 10% individual shareholding threshold, but total promoter group ownership remains unchanged. No material impact on stock price is expected.