Shareholding23 May 2026, 11:02 am
Hindustan Foods: Sameer Kothari & Others Increase Shareholding Post Allotment
AI Summary
Sameer Kothari and other members of the promoter group have increased their shareholding in Hindustan Foods Limited following the allotment of shares pursuant to a scheme of arrangement. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The scheme involves Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and Hindustan Foods Limited.
Key Highlights
- Promoter group, including Sameer Kothari, increased stake in Hindustan Foods via share allotment.
- The allotment is part of a scheme of arrangement involving multiple companies.
- Disclosure made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
- Vanity Case India Private Limited's shareholding decreased to Nil after the acquisition.
Price Impact
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