Kumbhat Financial Services Limited has completed an inter-se transfer of shares among its promoter group, consolidating 5,11,200 shares under Managing Director Sanjay Kumbhat. The company informed BSE Limited on April 03, 2026, about the completion of this internal restructuring among promoters.

Transfer Details and Structure

The inter-se transfer involved seven promoters transferring their shareholdings to Sanjay Kumbhat through different mechanisms. Most transfers were executed as gifts, while one transaction with Vardhaman Parekh was conducted within the price limits specified under Regulation 10(1)(a) of SEBI SAST Regulations.

Shareholding Changes

The transfer resulted in significant changes to individual promoter holdings while maintaining the overall promoter group shareholding. Sanjay Kumbhat's shareholding increased from 6,78,490 shares to 11,89,690 shares, making him the primary promoter shareholder.

Regulatory Compliance and Impact

The company confirmed that the inter-se transfer was conducted in accordance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The transaction does not result in any change in control or management of the company, as the total promoter group shareholding remains unchanged at 13,22,516 shares.

Seven promoters who transferred their entire shareholdings will be removed from the promoter and promoter group category, subject to compliance with applicable SEBI regulations. The company had previously intimated about this proposed transfer on February 27, 2026, under Regulation 10(5) of SEBI SAST Regulations, 2011.

Corporate Structure Consolidation

This inter-se transfer represents a consolidation of promoter holdings under the Managing Director's control while maintaining regulatory compliance. The transaction strengthens Sanjay Kumbhat's position as the primary promoter while ensuring continued adherence to listing and disclosure requirements.

Kumbhat financial services Limited has responded to BSE's inquiry regarding significant price movement in its shares, clarifying that the recent volatility appears to be purely market-driven. The company issued the clarification on March 17, 2026, following BSE's email dated March 16, 2026, which sought explanation for unusual price and volume behavior in the stock.

Company's Position on Price Movement

In its official response, Kumbhat Financial Services stated that it is not aware of any information or impending announcements that could have influenced the share price movement. The company emphasized its commitment to transparency and regulatory compliance in its communication to the exchange.

Regulatory Compliance and Disclosure Practices

The company highlighted its adherence to disclosure requirements under SEBI regulations. Key aspects of their compliance framework include:

• Prompt disclosure of all material events and information
• Regular updates on operations and performance developments
• Timely sharing of price-sensitive information as mandated under Regulation 30 of SEBI LODR Regulations, 2015
• No withholding of material information that could impact share price

Management's Assessment

Managing Director Sanjay Kumbhat signed the clarification, attributing the price movement to market dynamics rather than any specific corporate developments. The company maintained that the share price behavior reflects investor sentiment and market forces rather than any undisclosed material information.

Investor Access and Transparency

Kumbhat Financial Services ensures that all regulatory disclosures are made available on its official website at kumbhatfinancialserviceslimited.com for easy investor access. This practice aligns with SEBI LODR Regulations requirements for maintaining transparency with stakeholders and providing convenient access to material information.