The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Joy Mahesh Godiwala
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Joy Mahesh Godiwala, a member of the promoter group of Kiran Syntex Limited, has purchased 500 equity shares in the open market on 18 August 2025. Before the acquisition, his holding stood at 493,421 shares (11.61%), which has now risen to 493,921 shares (11.62%) of the company's equity capital. The total equity share capital of the company is 42,49,900 shares of face value Rs. 10 each. The disclosure confirms that no shares are encumbered and the transaction was carried out through the open market route.
This is a marginal increase in promoter group stake of just 0.01%, signalling continued promoter confidence in the company. The change is too small to materially affect share price or ownership dynamics, but the promoter holding remains comfortably above the 10% mark.