The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pratik Doshi
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Mr. Pratik M. Doshi, Managing Director and Promoter of LKP Securities Ltd, has filed a disclosure regarding the transmission of 92,58,107 equity shares (11.25% of the company) from Late Mr. Mahendra V. Doshi (promoter, deceased). The transmission took place on September 17, 2025, and falls under Regulation 10(1)(g) covering acquisition by way of inheritance/succession. As a result, Mr. Pratik Doshi's individual shareholding increased from 2.80% (23,04,332 shares) to 14.05% (1,15,62,439 shares). Importantly, the total promoter and promoter group shareholding remained unchanged at 5,84,77,867 shares (71.04%), confirming this is purely an internal transfer of holdings within the promoter family due to the death of Mr. Mahendra Doshi, with no new acquisition from the open market.
This is a non-market transmission event triggered by the death of a promoter; it does not change the overall promoter group ownership (steady at 71.04%) and therefore has no material impact on shareholder composition or stock price. Pratik Doshi's individual stake has grown, consolidating his influence within the promoter group.