The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Karan Paul & PACs
PARKHOTELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Karan Paul, one of the promoters of Apeejay Surrendra Park Hotels, bought 27,042 fully paid-up equity shares (about 0.0127% of the company) through open market purchases on March 19 and March 20, 2026. Of this, 17,830 shares were bought on March 19 and 9,212 shares on March 20. Karan Paul's personal holding rose from 44,280 shares (0.02075%) to 71,322 shares (0.03343%). On a consolidated basis, the Promoter and Promoter Group holding moved from 14,54,65,366 shares (68.17%) to 14,54,92,408 shares (68.19%). The disclosure is filed under SEBI Takeover Regulations and applies to the acquirer together with several persons acting in concert.
This is a small on-market purchase by a promoter, signalling continued promoter confidence. The promoter group's overall stake remains very strong at around 68.19%, so there is no material change in control or ownership structure for shareholders.