The Exchange has received the revised disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
KOLTEPATIL · price
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Awaiting price reaction for this filing.
Ms. Priyanjali Naresh Patil, an immediate relative of the promoter group of Kolte-Patil Developers, has filed a revised disclosure about acquiring 19,02,645 equity shares (2.15% of share capital) from Mrs. Vandana Naresh Patil through an inter-se transfer by way of gift. The original acquisition was planned for 4 November 2025 but did not complete on time, so the revised proposed date is now 14 November 2025. No money is involved as this is a gift transfer, and it qualifies for exemption from open offer under Regulation 10(1)(a)(i) for immediate relatives. Post-transaction, the acquirer's holding rises from 1.12% to 3.27%, while the seller's holding drops from 6.54% to 3.28% (after also transferring shares to another family member simultaneously).
This is purely an internal reallocation of shares within the promoter family, with no change to the overall promoter group ownership and no money changing hands. The stock price is unlikely to be affected as no shares are traded in the market.