Shareholding23 May 2026, 11:02 am
Hindustan Foods: Sameer Kothari & Others Increase Stake
AI Summary
Hindustan Foods Ltd. has received disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the allotment of shares pursuant to a Scheme of Arrangement. This allotment has resulted in changes to the shareholding of the promoter and promoter group, including Vanity Case India Private Limited, Sameer Kothari, and others. Post-transaction, Sameer Kothari holds 16.37% and Asha Kothari holds 21.33% of the company.
Key Highlights
- Sameer Kothari & others acquired shares of Hindustan Foods via Scheme of Arrangement.
- The acquisition is exempt from open offer requirements under Regulation 10(1)(d)(ii).
- Post-allotment, Sameer Kothari's stake is 16.37% and Asha Kothari's stake is 21.33%.
- Vanity Case India Private Limited's pre-transaction holding of 38.88% is now 0%.
Price Impact
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