The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Charmi Kamlesh Lodhiya & PACs
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Koura Fine Diamond Jewelry Ltd promoters increased their stake through a preferential allotment and convertible warrant conversion on December 23, 2025. Charmi Kamlesh Lodhiya (acquirer) was allotted 5,00,000 equity shares (9.52%), while Soham Kamlesh Lodhiya received 2,85,000 shares (5.43%), bringing total promoter group holding from 61.81% to 66.77% of the expanded share capital. The company's total equity share capital rose from 52,51,500 to 60,36,500 shares (Rs.10 face value), with diluted capital reaching 67,51,500 shares. The acquisition was made via preferential issue rather than open market purchases, indicating a planned capital infusion aligned with promoter interests.
The move signals promoter confidence in the company's prospects and further consolidates their control above the 66% mark, which reduces takeover vulnerability. However, existing minority shareholders face dilution from the preferential issue, though promoter absorption of most new shares partially offsets concerns.