Mrs. Bhaviniben Gaurang Shah, a promoter group member of kotyark industries , has reduced her shareholding by disposing of 23,051 equity shares through an open market transaction on June 19, 2026. This sale decreased her stake by 0.22%, bringing her total holding down to 5.47% of the company's total voting capital. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this transaction, Mrs. Bhaviniben Gaurang Shah held 5,85,620 shares, representing 5.70% of the total voting capital. Following the disposal, her holding has adjusted to 5,62,569 shares. This sale follows a previous disposal of 9,500 shares on June 18, 2026, and earlier disposals of 25,000 shares on June 11, 2026, and 1,43,200 shares on May 7 and May 8, 2026.

Transaction Details

The shares were sold in a single tranche on the open market. The table below outlines the specific date and quantity of shares disposed of by the promoter in the latest filing.

Promoter Group Holdings

The total equity share capital of the company stands at ₹10,27,91,160, divided into 1,02,79,116 equity shares of ₹10 each. The filing detailed the holdings of Persons Acting in Concert (PAC), which includes family members and associated entities. Key members of the promoter group include Mr. Gaurang Rameshchandra Shah, who holds 50.26% of the shares. Following the latest transaction, the total promoter group holding adjusted to 57.34% of the total paid-up equity share capital.

Kotyark Industries Limited has fixed Wednesday, June 24, 2026, as the record date to determine shareholder eligibility for a bonus issue in the ratio of 10:1. This follows the in-principle approval received from BSE Limited and National Stock Exchange of India Limited for the allotment of up to 10,27,91,160 fully paid-up bonus equity shares of ₹10 each. The shares will be credited to demat accounts by June 25, 2026, and trading will commence on June 29, 2026.

The company's shareholders had previously approved the issuance of bonus shares and an increase in authorised share capital through a postal ballot. The voting results, declared on June 15, 2026, confirmed that both resolutions received the requisite majority. The postal ballot was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Anjali Sangtani of M/s. SCS & Co LLP serving as the scrutinizer.

Bonus Issue Details

The board approved the issuance of 10 new fully paid-up equity shares of ₹10 each for every 1 existing equity share held. The total number of proposed bonus shares does not exceed 10,27,91,160. The company confirmed that the allotment and trading commencement will comply with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2024/122 dated September 16, 2024.

Key Timelines

Postal Ballot Voting Summary

A total of 72 shareholders participated in the remote e-voting process, which was open from May 17, 2026, to June 15, 2026. The resolutions regarding the increase in authorised share capital and the issuance of bonus shares were passed with overwhelming support.

The promoter and promoter group, holding 60,53,978 shares, voted entirely in favour of both proposals.