The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Vaze & PACs
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Promoter Ramesh Vaze acquired 31,000 equity shares (0.02% of paid-up capital) of S H Kelkar and Company Ltd from another Promoter Group Member through an off-market inter-se transfer on December 24, 2025. Post-acquisition, Ramesh Vaze's personal holding rose from 1.05% (14,48,980 shares) to 1.07% (14,79,980 shares), while other Promoter Group members' holding dipped correspondingly from 53.82% to 53.80%. Total promoter group holding remains unchanged at 54.87%. The note also confirms 43,00,000 promoter group shares (3.11%) remain pledged with no change.
This is a routine internal reshuffle within the promoter family — total promoter shareholding and voting power are unchanged, so there is no material impact on shareholders or stock price.