The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Promoter Mr. Vivek Nirmal Suchanti acquired 2,49,955 equity shares (4.49% of share capital) of Keynote Financial Services Limited on 28th March 2025 via an off-market inter-se transfer by way of gift from his parents, Mrs. Pushpa Nirmal Suchanti and Mr. Nirmal Harschand Suchanti, who are both members of the promoter group. His stake rose from 49,440 shares (0.89%) to 2,99,395 shares (5.38%), while the parents moved to nil holdings. The transaction is exempt from open offer requirements under Regulation 10(1)(a)(i) of SEBI Takeover Regulations, as it is a transfer among immediate relatives with no consideration involved. The stated rationale is part of a family succession plan, and SEBI filing fees of Rs. 1,77,000 (including GST) were remitted on 16th April 2025.
No change in total promoter group shareholding, so there is no impact on overall promoter control or stock price. The transaction is a simple internal reallocation within the promoter family and is exempt from an open offer obligation.