Announced Fri, 9 Jan · 11:17 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 BuyPromoter Below 50pctCreeping 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, acquired 10,000 equity shares (0.09% of paid-up capital) through an open market purchase on January 7-8, 2026. His holding increased from 52,22,570 shares (47.48%) to 52,32,570 shares (47.57%) of the company. The company is listed on the SME platform of BSE with a total equity share capital of Rs. 11 crore divided into 1.10 crore equity shares of Rs. 10 each. The disclosure has been filed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Likely market impact

This is a small incremental purchase by the promoter signalling continued confidence in the company, but the size is minimal at just 0.09%. The promoter's stake now stands at 47.57%, approaching the 50% takeover threshold, which means further acquisitions could trigger open offer obligations under SEBI Takeover Rules.