
Shareholding14 Aug 2026, 02:33 pm
Palaniswami N Acquires 11.51% Stake in Kovai Medical Center
AI Summary
Palaniswami N, a Director and Promoter of Kovai Medical Center & Hospital Ltd, has acquired a 11.51% stake in the company through inheritance. The acquisition involved 1,09,42,262 equity shares, with the transaction occurring between August 11 and August 12, 2026. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following the acquisition, Palaniswami N's total shareholding, along with Persons Acting in Concert, stands at 12,69,725 shares, representing 11.51% of the total diluted share capital.
Key Highlights
- Palaniswami N acquired 11.51% stake in Kovai Medical Center.
- Acquisition was through inheritance of 1,09,42,262 equity shares.
- Transaction details filed under SEBI Takeover Regulations.
- Promoter's total holding now stands at 11.51%.
Price Impact
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