The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navin Chand Suchanti & PACs
SINCLAIR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Navin Chand Suchanti acquired 60,845 equity shares (0.12%) of Sinclairs Hotels Ltd through open market purchases between March 27-30, 2026. After the acquisition, Navin Chand Suchanti's holding increased from 6.45% to 6.57%. The entire promoter group (including 5 family members and 2 group companies - Pressman Properties and Pressman Realty) collectively holds 63.63% of the company's equity capital of 5,12,60,000 shares. No warrants, convertible securities, or encumbered shares were involved in this transaction.
Minor positive signal as the promoter is marginally increasing their stake through open market purchases, indicating confidence in the company. The promoter group remains firmly in control with over 63% holding.