Shareholding15 Sept 2026, 03:35 pm
Kesoram Industries: Promoter Group Sells 42.8% Stake
AI Summary
Manav Investment & Trading Company Ltd, on behalf of several Promoter/Promoter Group entities, has disclosed the sale of 13,29,69,279 shares, representing 42.80% of the total share capital, in Kesoram Industries Limited. This transaction, executed off-market pursuant to a Share Purchase Agreement dated December 4, 2025, with Frontier Warehousing Limited, results in a change of control for Kesoram Industries. Following the sale, the promoter group's holding has reduced to 0.54% (16,81,404 shares).
Key Highlights
- Promoter group sold 42.8% stake in Kesoram Industries.
- Sale executed via off-market transaction under SPA.
- Transaction leads to a change in control of the company.
- Promoter holding reduced significantly to 0.54%.
Price Impact
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