Announced Fri, 19 Sept · 17:43 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 ThresholdPromoter Below 50pctOwnership 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 Limited, purchased 5,000 equity shares (0.05% of total share capital) through an open market transaction on 19 September 2025. Before the acquisition, the promoter held 52,17,570 shares (47.43%), and after the acquisition his holding rose to 52,22,570 shares (47.48%). The disclosure was filed under Regulation 29(1) of SEBI's Takeover Regulations, which is triggered when an acquirer's holding crosses or changes near key thresholds. The total equity share capital of the company remains unchanged at ₹11 crore divided into 1.10 crore equity shares of ₹10 each.

Likely market impact

The promoter's stake has nudged up slightly from 47.43% to 47.48%, signalling continued confidence from the promoter group, though the purchase is tiny in size. Shareholders should note the promoter is approaching the 50% mark, which could attract additional SEBI disclosure obligations if further acquisitions occur.