The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dr Vikram V Kamat & PACs
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Dr. Vikram V. Kamat, along with Persons Acting in Concert (Dr. Vidhi V. Kamat, Vits Hotels Worldwide Pvt Ltd, and Kamats Worldwide Food Services Pvt Ltd), has disclosed acquisition of 1,20,000 equity shares of Vikram Kamats Hospitality Ltd through a preferential allotment on 15th April 2026. The promoter's holding increased from 8.15% (15,40,541 shares) to 8.46% (15,40,541 shares including the new allotment) of the total share capital, with voting rights going from 7.79% to 8.46%. The company's total equity share capital also expanded from Rs. 17.43 crore to Rs. 18.20 crore (1,74,33,865 shares to 1,81,99,190 shares), indicating further allotments to other parties as well. The disclosure was filed with BSE, where the company is listed.
This is a positive signal for shareholders, as the promoter is increasing his stake in the company through a preferential allotment, reflecting promoter confidence in the business. The move also strengthens the promoter's grip on the company without triggering an open offer obligation, since the acquisition is well within the permissible creeping acquisition limits.