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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Kalpesh B Kothari, part of the promoter group of Tirupati Foam Ltd, sold just 35 equity shares in the open market through BSE on February 25, 2026, triggering a disclosure under Regulation 29(2) of SEBI (SAST) Regulations. His shareholding declined marginally from 67,730 shares (1.537%) to 67,695 shares (1.531%) of the company's total equity capital. The company has a total equity share capital of Rs. 4.40 crore, comprising 44,07,000 shares of Rs. 10 face value each. The disposal represents a negligible fraction of total outstanding shares and the promoter's own holding.
The sale is extremely small and immaterial — no meaningful change in promoter shareholding or float. Investors should treat this as routine disclosure with no price or sentiment impact.