The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalpesh B Kothari
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Awaiting price reaction for this filing.
Kalpesh B Kothari, a member of the promoter group of Tirupati Foam Ltd, sold 35 equity shares in the open market through the stock exchange on February 25, 2026. The sale reduced his holding marginally from 67,730 shares (1.537%) to 67,695 shares (1.537%, rounded). The total voting capital of the company remains 44,07,000 equity shares of Rs. 10 each. This is a regulatory disclosure under SEBI's SAST Regulation 29(2), triggered despite the negligible size of the transaction.
The sale is extremely small (35 shares out of 44 lakh total shares, ~0.0008% of capital) and will have no meaningful effect on the stock price or promoter control. Investors can treat this as a routine compliance filing rather than a significant insider exit signal.