Announced Thu, 10 Jul · 12:56 IST

The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Kotia

Promoter Stake BuyPromoter Stake Sell 1pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Mr. Raj Kotia acquired 9,01,090 equity shares (8.19% of diluted share capital) of Sungold Media and Entertainment Ltd from Shree Krishna Infrastructure Limited at Rs. 11.00 per share on 09.07.2025. The transaction is an inter-se transfer within the promoter group, exempted under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011, so no open offer obligation arises. Post-transaction, Raj Kotia's individual holding rises from 38.97% to 47.16%, while Shree Krishna Infrastructure's holding drops from 8.19% to 0%. The overall promoter group shareholding remains unchanged at approximately 47.16%.

Likely market impact

Since this is an internal reshuffle among promoter entities, there is no change in the total promoter shareholding or any open offer trigger, so retail investors are unlikely to see a material impact on the stock price. However, Raj Kotia's individual stake approaching the 47% mark signals promoter consolidation within the group.