
Shareholding12 Sept 2026, 12:01 pm
Sandeep Gupta Acquires 8.16% Stake in Asian Hotels (West) via Gift
AI Summary
Sandeep Gupta has acquired an 8.16% stake in Asian Hotels (West) Limited through an inter-se transfer of shares by way of gift from Vinita Gupta. This transaction, valued at NIL price, was executed under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting the acquirer from making an open offer. The disclosure was filed with the stock exchanges on August 27, 2026, with the acquisition date being September 9, 2026. Following the transaction, Sandeep Gupta's shareholding increased to 16.32%, while Vinita Gupta's reduced to 1.72%.
Key Highlights
- Sandeep Gupta acquired 8.16% stake in Asian Hotels (West) via gift.
- Transaction falls under SEBI Takeover Regulations exemption.
- No open offer required due to inter-se transfer among relatives.
- Sandeep Gupta's total holding rises to 16.32% post-acquisition.
Price Impact
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