Hit Kit Global Solutions Ltd has received another disclosure under SEBI Regulation 29(2) regarding substantial acquisition of shareholding by Eswara Rao Nandam and persons acting in concert. The latest disclosure, dated 16th March 2026, reveals a significant increase in their collective stake following their earlier disposal transaction.

Latest Acquisition Details

The group acquired 3,133,953 equity shares carrying voting rights, representing 5.81% of the company's total voting capital. This acquisition was completed through market purchase on 13th March 2026, resulting in a change of 2% or more in aggregate shareholding.

Sequential Shareholding Changes

The recent transactions show a pattern of substantial shareholding changes by the Eswara Rao Nandam group. Earlier on 13th March 2026, the group had disposed of 3,316,983 shares (6.154%), reducing their stake from 22.240% to 16.086%. The latest acquisition has now increased their holding to 21.90%.

Persons Acting in Concert

The disclosure identifies the same four entities acting in concert for this transaction:

• Eswara Rao Nandam (Primary acquirer)
• Uma Nandam
• Vishaal Nandam
• Ajaraya Business Corporation

Company Structure and Compliance

The disclosure notes that Hit Kit Global Solutions Ltd has no promoter, making this a non-promoter substantial shareholding change. The company's equity share capital remains ₹10,78,00,000 divided into 5,39,00,000 equity shares. The shares are listed on BSE Limited.

Regulatory Framework

Both disclosures were submitted pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Eswara Rao Nandam, based in Chennai, signed the disclosure on behalf of all acquirers. The transaction involved only equity shares with no encumbrances or complex financial instruments.

The disclosure has been filed with both the company and BSE Limited, ensuring full regulatory compliance and transparency in the substantial shareholding changes.

Hit Kit Global Solutions Limited has announced the relocation of its registered office within Mumbai, following approval from its Board of Directors on March 16, 2026.

Board Meeting Details

The Board of Directors convened on March 16, 2026, to consider and approve the office relocation proposal. The meeting commenced at 4:30 p.m. and concluded at 5:30 p.m., lasting exactly one hour.

Office Relocation Specifics

The company has shifted its registered office effective March 16, 2026, marking an immediate implementation of the board's decision.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Khushboo Doshi signed the official communication to BSE Limited, ensuring proper regulatory disclosure of the corporate action.

The relocation represents an internal restructuring move, with the company maintaining its operations within Mumbai while changing its registered office address from Malad West to Vileparle West.