The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hridai Somani & Others
KOPRAN · price
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Four members of the Somani promoter family at Kopran Ltd — Hridai Somani, Jaya Somani, Suhrid Somani, and Susheel G Somani — together sold 7,40,700 shares (about 1.53% of the company's equity) through an off-market transaction on September 10, 2025. Before the sale, these four held between 0.19% and 0.56% each, totalling 1.53% with the broader promoter group at 1.60%. After the transaction, all four have zero direct holdings, while Kumkum Somani retained her 35,635 shares (0.07%). The company's equity capital remains unchanged at Rs 48.28 crore. The buyer of these shares is not identified in the disclosure, though the off-market nature suggests it may be an inter-se transfer within the promoter/promoter group.
The promoter group's aggregate direct stake has fallen from 1.60% to just 0.07%, which could raise questions about promoter commitment or signal a restructuring of holdings within the family. Off-market deals in such cases often mean shares are moved to other promoter-group entities or relatives, so retail investors should watch for any further disclosures clarifying the buyer's identity and any resultant change in overall promoter shareholding.