Anand Kabra and Ekta Kabra increase stake in Kabra Extrusiontechnik

1 min read     Updated on 22 Jun 2026, 08:05 PM
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Ashish TScanX News Team
AI Summary

Anand Kabra and Ekta Kabra increased their stake in Kabra Extrusiontechnik Limited by acquiring 334,500 shares from Kolsite Corporation LLP between June 17 and June 22, 2026. This inter-se transfer raised their combined holding to 28.50%, while the total promoter group holding remains at 60.50%.

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Anand Kabra and Ekta Kabra have increased their shareholding in Kabra Extrusiontechnik Limited through an inter-se transfer involving 334,500 equity shares. The transaction, executed between June 17 and June 22, 2026, involved the acquisition of shares from Kolsite Corporation LLP, another entity within the promoter group. Following this transfer, the combined holding of Anand Kabra and Ekta Kabra rose to 28.50%, while the total promoter group holding remains stable at 60.50%.

Details of the Acquisition

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The mode of acquisition was an inter-se transfer among the promoter group and promoter persons. The shares were transferred from Kolsite Corporation LLP, which reduced its stake to 9.93% post-transaction.

Shareholding Pattern

The table below details the changes in shareholding for key members of the promoter group before and after the acquisition:

Shareholder Shares Before Shares After Change
Anand S. Kabra 63,64,055 65,31,305 +1,67,250
Ekta Anand Kabra 32,67,600 34,34,850 +1,67,250
Kolsite Corporation LLP 38,07,295 34,72,795 -3,34,500
Kolsite Industries 22,51,826 22,51,826 No Change
Plastiblends India Limited 8,27,372 8,27,372 No Change

Capital Structure

The equity share capital of Kabra Extrusiontechnik Limited remains unchanged at 3,49,72,836 equity shares of ₹5 each. The total diluted share capital also stands at 3,49,72,836 shares. The transaction did not alter the overall promoter group holding, which continues to constitute 60.50% of the total paid-up capital of the company.

Historical Stock Returns for Kabra Extrusiontechnik

1 Day5 Days1 Month6 Months1 Year5 Years
+2.89%+10.69%+23.95%+16.55%-7.95%+37.36%

Does this consolidation of shares by Anand and Ekta Kabra signal a potential change in the company's strategic direction or leadership succession?

Could this inter-se transfer be a precursor to Kolsite Corporation LLP gradually divesting its stake in the company?

How might the increased individual holding of the promoters impact liquidity and trading volumes for Kabra Extrusiontechnik shares?

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Kabra Extrusiontechnik appoints Bhavin Sheth as CFO effective June 20

1 min read     Updated on 20 Jun 2026, 07:40 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Kabra Extrusiontechnik has appointed Bhavin Sheth as its Chief Financial Officer and Key Managerial Personnel effective June 20, 2026. Sheth is a qualified Chartered Accountant with over 23 years of experience in financial strategy and business transformation. The appointment follows the cessation of Uttam Singh as Interim CFO on June 19, 2026.

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Kabra Extrusiontechnik has appointed Bhavin Sheth as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 20, 2026. The appointment was approved by the Board of Directors during a meeting held on June 19, 2026. Sheth brings over 23 years of extensive experience in financial strategy, capital raising, mergers and acquisitions, and business transformation to the role.

The decision follows the provisions of Section 203 of the Companies Act, 2013 and applicable SEBI Listing Regulations. Consequently, Uttam Singh, who was serving as the Interim CFO, ceased to hold the position at the close of business hours on June 19, 2026.

Profile of the New CFO

Bhavin Sheth is a qualified Chartered Accountant. His professional expertise spans over two decades, with a focus on strategic leadership capabilities that align with the company's long-term growth objectives.

Appointment Details

Sr. No Disclosure Requirements Description
1. Name Mr. Bhavin Sheth
2. Reason for change Mr. Bhavin Sheth shall serve as Chief Financial Officer and Key Managerial Personnel of the Company.
2. Date of appointment With effect from June 20, 2026
3. Brief profile Mr. Bhavin Sheth is a Qualified Chartered Accountant with over 23 years of extensive experience in financial strategy, capital raising, mergers & acquisitions, and business transformation.
4. Disclosure of relationships Not Applicable
5. Information as required under circular No. LIST/COMP/14/ 2018-19 Not Applicable

Historical Stock Returns for Kabra Extrusiontechnik

1 Day5 Days1 Month6 Months1 Year5 Years
+2.89%+10.69%+23.95%+16.55%-7.95%+37.36%

How will Bhavin Sheth's expertise in capital raising influence Kabra Extrusiontechnik's future funding strategies?

What potential mergers and acquisitions might the company pursue under Sheth's financial leadership?

How will the new CFO's experience in business transformation impact the company's operational efficiency?

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