Acquisitions30 March 2026 at 07:20 am
Mitesh Kothari Acquires Shares of Kothari Products Ltd from Deepak and Arti Kothari
AI Summary
Mitesh Kothari has acquired 200,000 shares of Deepak Kothari and 600,000 shares of Arti Kothari in Kothari Products Ltd. The acquisition was made by way of Inter-se-Transfer. The transaction was exempted from making an open offer under Reg.10 (1) (a) (ii) & 10 (1) (a) (i) of SEBI (SAST) Regulations, 2011. The disclosure was made within the prescribed time under the regulations on 28.03.2026. The price of the shares acquired was Rs. 64.17 per share. The acquisition increased Mitesh Kothari's shareholding from 2.04% to 6.13% of the diluted share capital of Kothari Products Ltd.
Key Highlights
- Mitesh Kothari acquires 200,000 shares of Deepak Kothari and 600,000 shares of Arti Kothari
- The acquisition was made by way of Inter-se-Transfer
- Exempted from making an open offer under Reg.10 (1) (a) (ii) & 10 (1) (a) (i) of SEBI (SAST) Regulations, 2011
- Disclosure made within the prescribed time under the regulations on 28.03.2026
- Mitesh Kothari's shareholding increased from 2.04% to 6.13% of the diluted share capital of Kothari Products Ltd