StockWatch
·
Sugar
Shareholding19 Jun 2026, 05:21 pm

Sethi Funds Management Buys 0.09% Stake in KCP Sugar

AI Summary

Sethi Funds Management Private Limited has acquired 1,00,000 equity shares, representing 0.09% of the total issued and paid-up share capital of KCP Sugar & Industries Corporation Ltd, through open market transactions. This acquisition was made on June 15-17, 2026. Following this purchase, Sethi Funds Management's total holding in the company has increased to 5,85,000 shares, or 0.52% of the total equity. The disclosure was made in compliance with Regulation 29(2) of SEBI (SAST) Regulations, 2011, as Sethi Funds Management is a promoter of the company.

Key Highlights

  • Sethi Funds Management acquired 1,00,000 shares of KCP Sugar.
  • The acquisition represents 0.09% of the company's total share capital.
  • The shares were purchased via open market transactions.
  • The acquirer is a promoter of KCP Sugar & Industries Corporation Ltd.
  • Post-acquisition, total holding increased to 0.52%.