The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hassan Faruk Patel
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Awaiting price reaction for this filing.
Mr. Hassan Faruk Patel, a Promoter of KP Green Engineering Ltd, transferred 3,30,000 equity shares (about 0.66% of total share capital) to Mrs. Vahidabanu Faruk Patel, part of the Promoter Group, via an off-market inter-se transfer by way of gift on October 13, 2025. After the transfer, Mr. Hassan's personal holding dropped from 3,36,117 shares (0.67%) to just 6,117 shares (0.01%). Importantly, the aggregate shareholding of the Promoter and Promoter Group remains unchanged before and after this transaction. This appears to be a family-level reshuffling within the promoter group, not a change in overall promoter ownership.
Neutral event for shareholders and the stock — this is an internal family transfer within the promoter group with no change in total promoter shareholding, so it carries no real buying or selling pressure on the stock.