StockWatch
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Other Textile Products
Shareholding15 Jun 2026, 05:21 pm

HP Cotton: Kailash Agarwal's Shareholding Rises to 35.35% via Inter-Se Transfer

AI Summary

Kailash Kumar Agarwal, a promoter of HP Cotton Textile Mills Ltd, has increased his shareholding by acquiring 2,02,466 equity shares, representing 5.16% of the paid-up share capital. This acquisition was an off-market inter-se transfer, executed on June 15, 2026, as per Family Re-arrangement Agreements dated March 14, 2019, and February 12, 2020. Following this transaction, Kailash Kumar Agarwal's total shareholding in the company has increased from 30.19% (11,83,934 shares) to 35.35% (13,86,400 shares). The total promoter and promoter group shareholding remains at 64.90%.

Key Highlights

  • Kailash Kumar Agarwal acquired 2,02,466 equity shares of HP Cotton Textile Mills Ltd.
  • The acquisition represents a 5.16% increase in his individual shareholding.
  • His total stake now stands at 35.35% (13,86,400 shares) post-transaction.
  • The transfer was an off-market inter-se transaction under a family re-arrangement.
  • The overall promoter group shareholding remains unchanged at 64.90%.