The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chandresh Dinesh Mehta
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Awaiting price reaction for this filing.
Promoter Boman Rustom Irani of Keystone Realtors Ltd sold 11,44,000 equity shares (0.907% of paid-up capital) through a stock-exchange Offer for Sale (OFS) on October 15 and October 16, 2025. His stake dropped from 18.95% (2,39,11,230 shares) to 18.04% (2,27,67,230 shares). This sale is part of a larger promoter-group OFS announced on October 14, 2025 for up to 45,76,000 shares (3.63% of total equity capital). The sale was executed via the SEBI OFS framework through dedicated exchange windows on BSE and NSE. No shares are pledged or encumbered by the seller, and the total share capital remained unchanged at 12,61,73,685 equity shares.
Promoter-group trimming of an aggregate 3.63% stake via structured OFS could create near-term supply pressure on the stock. However, since the sale was conducted transparently through the exchange OFS mechanism at a discovered price, it is less disruptive than open-market block sales.