The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navin Chand Suchanti
SINCLAIR · price
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Awaiting price reaction for this filing.
Promoter Navin Chand Suchanti has purchased 38,781 equity shares of Sinclairs Hotels Limited in the open market between March 10 and March 11, 2026. This acquisition raised his stake in the company from 6.03% (30,93,708 shares) to 6.11% (31,32,489 shares). The transaction was carried out under the SEBI Takeover Regulations and represents a small but direct increase in promoter ownership. The total share capital of the company remains unchanged at 5,12,60,000 equity shares of Rs. 2 each.
This is a modest promoter share buy, signalling continued promoter confidence in the company. The increase in holding is small (0.08%) and is unlikely to materially move the stock price, but it is a positive signal of insider confidence.