Kothari Products Limited has informed the Exchange regarding 'DISCLOSURES OF INTER SE TRANSFER'.
KOTHARIPRO · price
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Promoter Mitesh Kothari acquired a total of 8,00,000 equity shares (1.35% of paid-up capital) from two other promoter family members — 2,00,000 shares from Deepak Kothari (CMD) and 6,00,000 shares from Arti Kothari — via inter-se transfer on March 27, 2026 at Rs. 64.17 per share. As a result, Mitesh Kothari's stake rose from 2.04% to 3.39%, Deepak Kothari's fell from 59.61% to 59.27%, and Arti Kothari's fell from 7.00% to 5.99%. The total promoter group holding remains unchanged at 74.99% since the transfer is within the family. The transaction is exempt from open offer requirements under Regulation 10(1)(a) of SEBI (SAST) Regulations, 2011.
This is a routine reshuffling of shares within the promoter family and does not change the overall promoter ownership in the company. Shareholders should not expect any material change in control or voting power; the transfer was carried out at a fixed price and is exempt from a mandatory open offer.