Sethi Funds raises stake to 0.52% in K.C.P. Sugar

Sethi Funds Management Private Limited, a promoter group entity, has increased its stake in K.C.P. Sugar and Industries Corporation Limited by acquiring 1,00,000 equity shares from the open market. The transactions, executed between June 15 and June 17, 2026, represent 0.09% of the total issued and paid-up share capital of the company. This disclosure was made to the stock exchanges pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition details indicate that the acquirer purchased 30,000 shares on June 15, 2026, followed by 30,000 shares on June 16, 2026, and 40,000 shares on June 17, 2026. Prior to these transactions, Sethi Funds Management Private Limited held 4,85,000 shares, accounting for 0.43% of the company's voting rights. The purchases have raised the total holding to 5,85,000 shares, which now constitutes 0.52% of the total voting capital.

The total equity share capital of K.C.P. Sugar and Industries Corporation Limited remains at 11,33,85,050 equity shares of Re 1 each. The diluted share capital also stands unchanged at 11,33,85,050 shares. The acquirer confirmed that there were no changes in holdings of warrants, convertible securities, or encumbered shares during this period.

Acquisition Breakdown

Detail	Number of Shares	% of Total Share Capital
Holding before acquisition	4,85,000	0.43%
Shares acquired	1,00,000	0.09%
Holding after acquisition	5,85,000	0.52%

The filing, signed by Director Vinod R. Sethi, was submitted to BSE Limited and the National Stock Exchange of India Limited. T. Karthik Narayanan, Company Secretary of K.C.P. Sugar and Industries Corporation Ltd., confirmed the receipt of the disclosure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.18%	-0.77%	-8.19%	-15.99%	-40.02%	-24.79%

K.C.P. Sugar and Industries Corporation Limited has disclosed that its promoters and promoter group collectively hold 41.55% of the company's total equity capital, with no encumbrance reported on these shares during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was made by Irmgard Velagapudi, Promoter and Managing Director, on behalf of the promoter and promoter group. The filing confirms that no shares held by the promoters were encumbered, directly or indirectly, throughout FY26. The total promoter holding stands at 4,71,05,366 equity shares.

Promoter Holding Details

The breakdown of the shareholding indicates that M/s. Durgamba Investment Private Limited is the largest shareholder within the promoter group, holding a significant majority of the promoter stakes. The following table details the individual holdings:

Name	No. of Equity Shares Held	% to Total Capital
Ms. Irmgard Velagapudi	18,05,280	1.59
Mr. Vinod R. Sethi	9,73,610	0.86
Ms. Kiran Velagapudi	2,88,820	0.25
M/s. Durgamba Investment Private Limited	4,37,42,656	38.59
M/s. Sethi Funds Management Private Limited	2,95,000	0.26
Total	4,71,05,366	41.55

The filing was submitted to BSE Limited and the National Stock Exchange of India Ltd. on April 7, 2026, by T. Karthik Narayanan, Company Secretary of K.C.P. Sugar and Industries Corporation Limited.