Hit Kit Global Solutions Ltd: Eswara Rao Nandam Group Disposes 4.14% Stake Through Open Market Sale
Eswara Rao Nandam and persons acting in concert disposed 2,232,050 shares (4.14%) of Hit Kit Global Solutions Ltd through open market transactions on 23 Mar 2026. The group's collective shareholding decreased from 23.51% to 19.37%, triggering mandatory disclosure under SEBI regulations. The persons acting in concert include Uma Nandam, Vishaal Nandam, and Ajaraya Business Corporation, with the company's shares listed on BSE Limited.

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Hit Kit Global Solutions Ltd has received a regulatory disclosure regarding the substantial disposal of shares by Eswara Rao Nandam and persons acting in concert. The disclosure, submitted on 25th March 2026, pertains to open market transactions that resulted in a significant reduction in the group's shareholding.
Transaction Details
The disposal involved 2,232,050 equity shares, representing 4.14% of the company's total voting capital. The transaction was executed through open market sales on 23 Mar 2026, marking a substantial divestment by the group.
| Transaction Parameter: | Details |
|---|---|
| Shares Disposed: | 2,232,050 |
| Percentage of Total Capital: | 4.14% |
| Transaction Mode: | Open Market |
| Transaction Date: | 23 Mar 2026 |
| Total Share Capital: | 107,800,000 |
Shareholding Changes
The disposal resulted in a notable change in the group's ownership structure. Prior to the transaction, the group collectively held 12,674,003 shares, representing 23.51% of the company's voting rights. Following the disposal, their holding decreased to 10,441,953 shares, constituting 19.37% of the total voting capital.
| Shareholding Position: | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Number of Shares: | 12,674,003 | 10,441,953 | -2,232,050 |
| Percentage Holding: | 23.51% | 19.37% | -4.14% |
Persons Acting in Concert
The disclosure identifies the persons acting in concert with Eswara Rao Nandam in this transaction:
- Uma Nandam, Mrs
- Vishaal Nandam, Mr
- Ajaraya Business Corporation
Regulatory Compliance
This disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires disclosure when there is a change in aggregate shareholding by 2% or more of the total voting rights since the last disclosure. The group had previously submitted a disclosure on 17th March 2026 regarding share disposal activities.
The company's shares are listed on BSE Limited, and the disclosure notes that Hit Kit Global Solutions Ltd operates without a designated promoter group. The regulatory filing was signed by Eswara Rao Nandam from Chennai, with his registered address in Hiranandani Parks, Oragadam, Chengalpattu District, Tamil Nadu.
Historical Stock Returns for Hit Kit Global Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.82% | -22.04% | -17.40% | +167.86% | +155.10% | +697.87% |
Will Eswara Rao Nandam and his group continue reducing their stake below the 15% threshold, potentially signaling a complete exit strategy?
How might this significant shareholding reduction impact Hit Kit Global Solutions' stock price and trading volumes in the coming weeks?
Could this disposal attract new institutional investors or strategic buyers looking to acquire a substantial stake in the company?

































