The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhirajben Kothari
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Awaiting price reaction for this filing.
Dhirajben Babulal Kothari, part of the Promoter Group of Tirupati Foam Ltd, sold 8,065 equity shares in the open market through the stock exchange across multiple dates between 26 November 2025 and 10 December 2025. The sale represents 0.183% of the company's voting capital, reducing her holding from 220,900 shares (5.012%) to 212,835 shares (4.829%). The disclosure was filed under SEBI SAST Regulation 29(2), likely because her holding crossed below the 5% threshold. The total equity share capital of the company is Rs. 4.40 crore, comprising 44.07 lakh equity shares of Rs. 10 each.
A small stake sale by a promoter group member, taking her holding below 5%. The transaction size is modest and unlikely to materially affect the stock price, though continued selling by promoters could be a mild negative signal for sentiment.