KOLTEPATILBSEKolte-Patil Developers LtdMediumNeutral
Announced Mon, 17 Nov · 12:30 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vandana Patil & Others

Promoter Stake Sell 1pctOwnership Changes View source PDF

KOLTEPATIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrs. Vandana Patil, a member of the Kolte-Patil Developers promoter group, transferred 28,93,167 equity shares (3.26% of total share capital) by way of an inter-se gift to other promoter group members on 14 November 2025. After the transfer, her individual holding in the company fell from 57,95,313 shares (6.54%) to 29,02,146 shares (3.27%). The total shareholding of the promoter group remains unchanged, as this is only a reshuffling of shares within the promoter family without any consideration paid.

Likely market impact

No material impact on shareholders or stock price expected, since the promoter group's overall stake and voting power in the company remain the same. This is a routine internal family restructuring of promoter holdings.