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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Mr. Kalpesh B Kothari, a member of the promoter group of Tirupati Foam Ltd, sold 7,704 equity shares representing 0.175% of the company's share/voting capital through open market transactions on BSE. The shares were sold across multiple dates between November 18 and December 9, 2025. After this sale, his holding reduced from 75,434 shares (1.71%) to 67,730 shares (1.537%). The disclosure was filed with BSE on December 25, 2025.
The sale is small in size (just 0.175% of capital) and the promoter group's individual holding remains marginal at 1.537%, suggesting minimal impact on shareholder structure or stock price. Retail investors are unlikely to see meaningful pressure from this transaction.