SRF: KAMA Realty to acquire 1.08 percent stake via inter-se promoter transfer
SRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
KAMA Realty (Delhi) Limited, a wholly-owned subsidiary of promoter KAMA Holdings, proposes to acquire up to 32,00,000 shares (up to 1.08 percent) of SRF from KAMA Holdings via inter-se transfer in one or more off-market tranches. There is no change in control, management, or ultimate beneficial ownership. Aggregate promoter group shareholding stays at 50.26 percent. The deal is exempt from open offer under SEBI Regulation 10(1)(a)(iii). 60-day VWAP on NSE is Rs 2,710.70 per share; price capped at 25 percent above this.
Neutral for shareholders; purely an internal reshuffle of promoter group holdings with no change in control or total promoter stake.