StockWatch
·
Holding Company
Deals9 Sept 2026, 06:50 pm

Kama Holdings Approves Sale of SRF Shares to Subsidiary

AI Summary

Kama Holdings Limited's Board of Directors has approved an off-market inter-se transfer of up to 32,00,000 equity shares (1.08%) of its subsidiary, SRF Limited, to its wholly owned subsidiary, KAMA Realty (Delhi) Limited (KRDL). The transaction, expected to be completed by September 30, 2026, will not alter SRF Limited's control, management, or ultimate beneficial ownership, and SRF will remain a subsidiary of Kama Holdings. The sale consideration will be based on the closing price on the trading day prior to each tranche's execution. This transaction is considered a related party transaction conducted at arm's length.

Key Highlights

  • Kama Holdings to sell up to 1.08% stake in SRF Limited.
  • Sale is an inter-se transfer to wholly owned subsidiary KRDL.
  • Transaction does not change SRF's control or subsidiary status.
  • Consideration based on market closing price prior to execution.
  • Transaction is at arm's length and considered a related party deal.