Announced Wed, 17 Sept · 17:08 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Kotia

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership 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

Raj Kotia, a promoter of Sungold Media and Entertainment Ltd, has disclosed the acquisition of 5,000 equity shares (0.05% of total capital) through an open market purchase on September 16, 2025. After this acquisition, his total holding stands at 52,17,570 shares, representing 47.43% of the company's share capital, up from 47.39% prior to the purchase. The acquisition was made in voting equity shares, and the total paid-up capital of the company remains at ₹11 crore divided into 1.1 crore equity shares of ₹10 each. The disclosure is filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Likely market impact

The acquisition is minor in size (just 5,000 shares or 0.05%), so direct impact on share price is negligible. However, it signals continued promoter confidence as the holding inches closer to the 50% threshold, which could attract regulatory attention under creeping acquisition norms.