StockWatch
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Sugar
Shareholding3 Sept 2026, 05:21 pm

Sethi Funds Management Acquires 0.11% Stake in KCP Sugar

AI Summary

Sethi Funds Management Private Limited, identified as a promoter, has acquired 1,25,000 equity shares of KCP Sugar & Industries Corporation Ltd. This acquisition represents 0.11% of the company's total issued and paid-up share capital. The shares were purchased through the open market. Following this transaction, Sethi Funds Management's total holding in KCP Sugar & Industries Corporation Ltd stands at 13,09,000 shares, which is 1.15% of the total issued and paid-up share capital. The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Sethi Funds Management acquired 1,25,000 shares, or 0.11% of total capital.
  • The acquisition was made through the open market.
  • Sethi Funds Management is classified as a promoter of the company.
  • Post-acquisition, their total holding is 13,09,000 shares (1.15%).
  • Disclosure filed under SEBI (SAST) Regulations, 2011.