Kailash Agarwal Acquires 5.16% Stake in HP Cotton Textile Mills

Kailash Kumar Agarwal, a promoter of H.P. Cotton Textile Mills Limited, has acquired 2,02,466 equity shares, representing 5.16% of the company's paid-up share capital. This acquisition was executed through an off-market transaction as an inter-se transfer of shares, pursuant to a Family Re-arrangement Agreement dated March 14, 2019, and February 12, 2020. The transaction falls under Regulation 10(1)(a)(ii) 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 exchange on June 8, 2026, with the acquisition date being June 15, 2026. The filing details the pre- and post-transaction shareholding of various promoter group entities.