NewsKCP Sugar Promoter Vinod R. Sethi Acquires 1,50,000 Equity Shares Through Open Market TransactionsKCP Sugar Promoter Vinod R. Sethi Acquires 1,50,000 Equity Shares Through Open Market Transactions
K.C.P. Sugar and Industries Corporation Limited disclosed that Promoter and Executive Chairman Mr. Vinod R. Sethi acquired 1,50,000 equity shares (0.12% of total capital) through five open market transactions between March 9-13, 2026. His shareholding increased from 6,48,610 shares (0.56%) to 7,98,610 shares (0.68%). The transactions were conducted systematically with 50,000 shares purchased on March 9 and 25,000 shares each on subsequent days through March 13. The company has complied with SEBI disclosure requirements and informed both BSE and NSE exchanges.
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KCP Sugar & Industries Corporation Limited has announced that its Promoter and Executive Chairman, Mr. Vinod R. Sethi, has acquired 1,50,000 equity shares through multiple open market transactions conducted between March 9-13, 2026. The acquisition represents 0.12% of the company's total issued and paid-up share capital.
Transaction Details
The share acquisition was executed through five separate open market transactions over consecutive trading days. The detailed breakdown shows Mr. Sethi's systematic approach to increasing his stake in the company.
| Transaction Date | Shares Acquired | Cumulative Holding | Shareholding % |
|---|---|---|---|
| March 9, 2026 | 50,000 | 6,98,610 | 0.60% |
| March 10, 2026 | 25,000 | 7,23,610 | 0.62% |
| March 11, 2026 | 25,000 | 7,48,610 | 0.64% |
| March 12, 2026 | 25,000 | 7,73,610 | 0.66% |
| March 13, 2026 | 25,000 | 7,98,610 | 0.68% |
Shareholding Pattern Changes
Prior to these acquisitions, Mr. Sethi held 6,48,610 equity shares, representing 0.56% of the company's total share capital. Following the completion of all transactions, his total shareholding has increased to 7,98,610 equity shares, representing 0.68% of the total issued and paid-up share capital.
| Parameter | Before Acquisition | After Acquisition |
|---|---|---|
| Number of Shares | 6,48,610 | 7,98,610 |
| Shareholding Percentage | 0.56% | 0.68% |
| Total Shares Acquired | - | 1,50,000 |
Regulatory Compliance
The company has filed the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. All acquisitions were conducted through open market purchases, and the company has informed both BSE Limited and National Stock Exchange of India Limited about these transactions.
Company Information
K.C.P. Sugar and Industries Corporation Limited has a total equity share capital of 11,33,85,050 equity shares of Re 1/- each. The company's shares are listed on both BSE Limited (Scrip Code: 533192) and National Stock Exchange of India Limited (Symbol: KCPSUGIND). Mr. Vinod R. Sethi serves as the Promoter and Executive Chairman of the company with DIN: 00106598.
The disclosure was signed by Company Secretary T. Karthik Narayanan on March 17, 2026, ensuring compliance with stock exchange listing requirements and regulatory obligations.
Historical Stock Returns for KCP Sugar & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.94% | +2.03% | +3.91% | -27.76% | -37.07% | +53.25% |
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