Instant Holdings Limited Increases Stake in FGP Limited to 43.60% Through Market Acquisitions

1 min read     Updated on 25 Mar 2026, 12:15 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Instant Holdings Limited, along with its ten persons acting in concert, has strategically increased its shareholding in FGP Limited from 41.45% to 43.60% through the acquisition of 255,332 shares via open market purchases on BSE over a five-month period. The transaction demonstrates systematic accumulation with peak activity in October 2025, maintaining full regulatory compliance under SEBI substantial acquisition regulations.

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Instant Holdings Limited has filed a disclosure under SEBI regulations regarding its increased shareholding in FGP Limited, with the promoter group's collective stake rising from 41.45% to 43.60% following recent market acquisitions.

Acquisition Details

The company acquired 255,332 shares representing 2.15% of FGP Limited's total share capital through open market purchases on BSE. The acquisitions were executed systematically between October 16, 2025, and March 20, 2026, as detailed in the regulatory filing dated March 23, 2026.

Parameter: Before Acquisition After Acquisition Change
Shares Held: 4,930,100 5,185,432 +255,332
Shareholding %: 41.45% 43.60% +2.15%
Voting Rights %: 41.45% 43.60% +2.15%

Promoter Group Structure

Instant Holdings Limited operates alongside ten persons acting in concert, forming a comprehensive promoter group structure:

  • Carniwal Investment Limited
  • Swallow Associates LLP
  • Wonder Land LLP
  • Vayu Associates LLP
  • Chattarpati Apartments LLP
  • Nucleus Life Trust
  • Prism Estates Trust
  • RG Family Trust
  • Secura India Trust
  • Mr. Harsh Vardhan Goenka

Transaction Timeline and Pattern

The share acquisitions followed a strategic pattern over approximately five months, with notable concentration during specific periods. The largest single-day acquisition occurred on October 23, 2025, with 33,301 shares, while the most recent significant purchase was 30,934 shares on March 13, 2026.

Period: Key Activity Shares Acquired
October 2025: Peak activity period 102,587 shares
November 2025: Steady accumulation 32,628 shares
December 2025: Moderate purchases 18,127 shares
February-March 2026: Final phase 101,990 shares

Company Capital Structure

FGP Limited's equity structure remains stable with no dilution resulting from these transactions. The company maintains 11,895,051 equity shares of face value ₹10.00 each, representing a total share capital of ₹11.90 crore. The shares are listed exclusively on BSE Limited.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating compliance with mandatory reporting requirements for substantial shareholding changes. All acquisitions were conducted through open market transactions on the stock exchange, ensuring transparency and regulatory adherence. The filing was submitted by Director Kamlesh Talekar on behalf of Instant Holdings Limited from the company's registered office at 213, Bezzola Complex, Chembur, Mumbai.

Historical Stock Returns for FGP

1 Day5 Days1 Month6 Months1 Year5 Years
-11.23%-1.80%-4.44%+7.56%+2.78%+453.89%

Will Instant Holdings Limited continue acquiring shares to reach the 50% majority control threshold in FGP Limited?

How might this increased promoter shareholding affect FGP Limited's dividend policy and capital allocation decisions?

Could this strategic accumulation signal potential delisting plans or a complete takeover bid for FGP Limited?

FGP Limited Announces Special Window for Physical Share Transfer and Dematerialisation

1 min read     Updated on 13 Feb 2026, 07:38 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

FGP Limited has opened a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical securities, following SEBI Circular dated January 30, 2026. The window covers physical shares sold or purchased prior to April 1, 2019, with transferred securities to be credited in demat mode only and subject to one-year lock-in period.

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FGP Limited has announced the opening of a special window for transfer and dematerialisation of physical securities, following regulatory guidelines issued by the Securities and Exchange Board of India. The company communicated this development to BSE Limited on February 13, 2026, through a formal disclosure under Regulation 30 of SEBI listing regulations.

Special Window Details

The special window operates for a period of one year, providing shareholders with specific timeframes and conditions for processing their physical securities.

Parameter: Details
Window Period: February 5, 2026 to February 4, 2027
Regulatory Basis: SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/II/3750/2026
Circular Date: January 30, 2026
Eligible Securities: Physical shares sold/purchased prior to April 1, 2019

Transfer Conditions and Requirements

The special window addresses various categories of transfer requests while implementing specific safeguards for investor protection. Securities transferred through this mechanism will be subject to mandatory dematerialisation and lock-in provisions.

Key Features:

  • Facilitates transfer of physical securities sold or purchased before April 1, 2019
  • Covers previously rejected or returned transfer requests due to document deficiencies
  • Mandatory credit to transferee in demat mode only
  • One-year lock-in period from transfer registration date
  • No transfer, lien-marking, or pledging allowed during lock-in period

Newspaper Publication

FGP Limited published the notice in leading newspapers to ensure wide dissemination among shareholders. The publication appeared on February 13, 2026, in both English and regional language newspapers.

Publication Details: Information
English Newspaper: Free Press Journal
Regional Newspaper: Navshakti (Marathi)
Publication Date: February 13, 2026

Company Information

FGP Limited, incorporated under CIN L26100MH1962PLC012406, maintains its registered office at Commercial Union House, 9-Wallace Street, Fort, Mumbai - 400 001. The company's securities trade on BSE Limited under security code 500142. Shalu Sarraf, serving as Company Secretary & Compliance Officer, signed the regulatory filing on behalf of the company.

This initiative aligns with SEBI's broader objective of promoting dematerialisation of securities and reducing risks associated with physical share certificates. Eligible shareholders can utilize this window to regularize their holdings and benefit from the enhanced safety and convenience of electronic securities.

Historical Stock Returns for FGP

1 Day5 Days1 Month6 Months1 Year5 Years
-11.23%-1.80%-4.44%+7.56%+2.78%+453.89%

More News on FGP

1 Year Returns:+2.78%