The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalpesh Kothari
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Kalpesh B Kothari, part of the promoter group of Tirupati Foam Limited, sold 7,704 equity shares representing 0.175% of the company's share/voting capital through open market on BSE. The sales were executed in tranches between November 18 and December 9, 2025 (ranging from 1 share to 1,540 shares per day). His holding reduced from 75,434 shares (1.71%) to 67,730 shares (1.537%) post-sale. The disclosure was filed under SEBI SAST Regulation 29(2) on December 26, 2025.
A minor trim by a promoter group member (only 0.175% of equity); unlikely to materially affect stock price or control, but indicates slight reduction in individual promoter holdings.