The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Kotia
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raj Kotia, a promoter of Sungold Media and Entertainment Ltd, has acquired 10,000 equity shares (0.10% of total share capital) through open market purchase on 04.09.2025 and 05.09.2025. The disclosure is filed under Regulation 29(1) of SEBI's Takeover Regulations. Before the acquisition, Raj Kotia held 52,02,570 shares (47.30%), and after the purchase, his holding stands at 52,12,570 shares (47.39%). The company is listed on the BSE SME platform with a total equity share capital of Rs. 11 crore divided into 1.10 crore shares of Rs. 10 each.
This is a small incremental purchase by the promoter, signalling continued confidence in the company. The promoter's stake remains below the 50% mark at 47.39%, so there is no change in control. Shareholders should note the promoter's gradual accumulation of shares, but the acquisition size is too small to materially affect stock price.