The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gaurang R Shah HUF & PACs
KOTYARK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gaurang R Shah HUF, a Promoter Group entity, sold 1,35,382 equity shares (1.32% stake) of Kotyark Industries Ltd through an open market transaction on May 04, 2026. Before the sale, the HUF held 2,30,248 shares (2.24%). After the sale, its holding reduced to 94,866 shares (0.92%). The total Promoter Group holding decreased from 62.70% to 61.39% as a result of this disposal. The main promoter, Mr. Gaurang Rameshchandra Shah, continues to hold 50.26% individually.
Minor dilution of promoter holding by 1.32 percentage points. The promoter group remains firmly in control at 61.39%, well above the 50% threshold. This open market sale by a HUF-level entity is a routine compliance filing and does not indicate any loss of control.