The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for K P Ramasamy
KPRMILL · price
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Promoter K.P. Ramasamy has sold 36,00,000 equity shares (1.05% of total capital) of K.P.R. Mill Limited through open market on May 21, 2025. Before the sale, he held 6,95,30,816 shares (20.34%) and after the sale his holding stands at 6,59,30,816 shares (19.29%). The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. No encumbered shares were involved and the total share capital of the company remains unchanged at Rs. 34.18 crore divided into 34.18 crore equity shares of Re. 1 each.
This is a promoter offloading stake, which may be viewed negatively by retail investors as it reduces promoter's skin in the game from 20.34% to 19.29%. However, the sale size is small and the promoter continues to hold a substantial stake in the company.