Khamgaon Land Development Trading Co. Private Limited has filed an official disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, regarding the acquisition of 50,00,000 equity shares of India Homes Limited. The formal filing, submitted to BSE Limited and the target company on March 31, 2026, documents the off-market inter-se transfer executed on March 27, 2026.

Official Transaction Documentation

The comprehensive SEBI disclosure reveals detailed transaction parameters for the share acquisition within the promoter group structure. Siddharth S. Gupta, as the authorized signatory for Khamgaon Land Development Trading Co. Private Limited, formally communicated the transaction to regulatory authorities and the compliance officer of India Homes Limited.

Detailed Shareholding Analysis

The official annexure provides comprehensive pre and post-transaction shareholding details for Khamgaon Land Development Trading Co. Private Limited and other promoter group entities. The acquiring entity's shareholding increased significantly from 80,510 shares (0.020%) to 50,80,510 shares (1.276%) following the acquisition.

Complete Promoter Group Structure

The disclosure includes a comprehensive list of all promoter group entities and their respective shareholdings in India Homes Limited. Major institutional promoters include Yeotmal Land Development & Trading Co with 43,650,000 shares (10.965%), India Steel International Pvt Ltd holding 40,599,467 shares (10.199%), and Isiworld Steels Pvt Ltd maintaining 17,837,500 shares (4.481%).

Individual Promoter Holdings

Regulatory Compliance Framework

The filing demonstrates full compliance with SEBI takeover regulations, with Khamgaon Land Development Trading Co. Private Limited registered under CIN U45200MH1972PTC016199. The company's registered office is located at 301-304, 3rd Floor, Tower A, Naman Midtown, Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400013. The total equity share capital of India Homes Limited remained constant at 398,080,925 shares throughout the transaction, ensuring no dilution for existing shareholders while facilitating internal promoter group restructuring.

Isisales India Private Limited has announced the transfer of 50,00,000 equity shares of India Homes Limited through an off-market inter-se transfer among promoter group companies. The transaction was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share transfer was executed on March 27, 2026, involving 50,00,000 equity shares representing 1.256% of India Homes Limited's total share capital. The transaction was conducted as an off-market inter-se transfer between promoter group entities.

Impact on Shareholding Pattern

Following the transaction, Isisales India Private Limited's shareholding in India Homes Limited decreased from 17,400,400 shares to 12,400,400 shares. This represents a reduction from 4.371% to 3.115% of the total share capital.

Recipient of Transferred Shares

The transferred shares were acquired by Khamgaon Land Development & Trading Co, another entity within the promoter group. The company's shareholding increased significantly from 80,510 shares (0.020%) to 5,080,510 shares (1.276%).

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. India Homes Limited is listed on the Bombay Stock Exchange Limited, and the transaction maintains the overall promoter group shareholding at 25.579% of the total equity capital.

The transaction represents an internal restructuring within the promoter group, with no change in the overall control or ownership pattern of India Homes Limited. All regulatory formalities have been completed, and the relevant stock exchange has been notified of the transaction.