Berger Paints promoter Kanwardip Singh Dhingra buys 19,788 shares

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Kanwardip Singh Dhingra acquired 19,788 shares of Berger Paints India Ltd
  • The open market trade increased his stake by 0.0017% to 0.0737%
  • Total holding rose from 8,40,000 to 8,59,788 shares
  • Transaction disclosed under SEBI Takeover Regulations on September 7, 2026
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50392821

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Promoter Kanwardip Singh Dhingra acquired 19,788 equity shares of Berger Paints India Limited through an open market trade on September 7, 2026. The transaction represents a 0.0017% increase in his stake relative to the total paid-up equity share capital.

The acquisition was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dhingra is a member of the promoter group.

Shareholding Details

Prior to this transaction, Dhingra held 8,40,000 shares carrying voting rights, constituting 0.07% of the total share capital. Following the acquisition, his holding rose to 8,59,788 shares, representing 0.0737% of the total voting capital.

Metric Before Acquisition After Acquisition
Shares held 8,40,000 8,59,788
Stake percentage 0.07% 0.0737%
Encumbrances N/A N/A

The total equity share capital of Berger Paints India Limited stood at 1,166,002,812 shares before and after the transaction. No warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in this trade.

Promoter Group Structure

Dhingra acts in concert with several entities and individuals within the promoter group. These include the KSD Family Trust, GBS Dhingra Family Trust, Citland Commercial Credits Ltd, U K Paints India Private Limited, Wang Investment And Finance Pvt Ltd, and Bigg Investments And Finance Private Limited.

Individual persons acting in concert with Dhingra include Kuldip Singh Dhingra, Gurbachan Singh Dhingra, Vinu Dhingra, Meeta Dhingra, Anshana Sawhney, Jessima Kumar, Rishma Kaur, Sunaina Kohli, and Dipti Dhingra.

Historical Stock Returns for Berger Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-1.57%-4.19%-10.11%+8.31%-11.47%-31.37%

Will other members of the promoter group follow suit with similar open market acquisitions, signaling a broader confidence in Berger Paints' future valuation?

How might this incremental stake increase influence institutional investor sentiment regarding the promoter group's commitment to the company's long-term strategy?

Does this acquisition align with any upcoming strategic initiatives or capital allocation plans that Berger Paints has not yet publicly disclosed?

Berger Paints promoter Jessima Kumar acquires 24,734 shares

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Promoter Jessima Kumar bought 24,734 Berger Paints shares on Sept 7, 2026
  • Stake increased from 0.06% to 0.0638% of total paid-up capital
  • Transaction executed via open market trade under SEBI Regulation 29(2)
  • Total holding now stands at 7,44,734 equity shares
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50392796

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Promoter Jessima Kumar acquired 24,734 equity shares of Berger Paints India Limited through an open market trade on September 7, 2026.

The acquisition represents 0.0021% of the company’s total paid-up equity share capital. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Holding Details

Prior to the transaction, Jessima Kumar held 7,20,000 shares, constituting 0.06% of the total voting capital. Following the purchase, her stake increased to 7,44,734 shares, or 0.0638% of the total share capital.

Metric Before Acquisition After Acquisition
Shares Held 7,20,000 7,44,734
% of Total Capital 0.06% 0.0638%

The total diluted share/voting capital of the target company remained at 11,66,00,2812 shares post-acquisition. No encumbrances, pledges, or convertible securities were involved in the transaction.

Persons Acting in Concert

The disclosure lists several entities and individuals as Persons Acting in Concert (PAC) with the acquirer. These include the KSD Family Trust, GBS Dhingra Family Trust, Citland Commercial Credits Ltd, and U K Paints India Private Limited, among others.

Historical Stock Returns for Berger Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-1.57%-4.19%-10.11%+8.31%-11.47%-31.37%

Does this incremental purchase signal a broader consolidation strategy by the promoter group, or is it merely routine portfolio adjustment?

How might this acquisition impact Berger Paints' stock volatility and investor sentiment in the short term?

Given the involvement of multiple Persons Acting in Concert, are there indications of further coordinated buying activity in the coming quarters?

More News on Berger Paints

1 Year Returns:-11.47%