Vandana Naresh Patil has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
KOLTEPATIL · price
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Mrs. Vandana Naresh Patil has reported an acquisition of 1,11,29,160 equity shares (12.55% of diluted share capital) of Kolte-Patil Developers Limited from the estate of Late Mr. Naresh Anirudha Patil. The shares were acquired by way of transmission (inheritance) on 21 June 2025 and 23 June 2025, with no purchase price involved. The acquirer has claimed exemption under Regulation 10(1)(g) of the SEBI Takeover Regulations, which covers inter se transfers within the promoter group. Following this transmission, Vandana Naresh Patil's shareholding rises from 1.2758% to 13.83% of the company's share capital, while overall promoter-group control remains unchanged.
This is a routine family transmission event within the promoter group and does not change the total promoter holding or control of the company. Shareholders should not expect any material impact on the stock price, as no new external entity has acquired a stake and no open offer obligation arises.