Promoter Navin Chand Suchanti acquired 19,278 shares of Sinclairs Hotels through open market transactions between September 7 and September 8, 2026.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Suchanti’s stake in the company increased from 7.31% to 7.35% following the purchase.

Transaction details

The share acquisition was executed over two consecutive days via the open market route. The key details of the transaction are outlined below.

Promoter group holding

Navin Chand Suchanti is part of a wider promoter group that includes Niren Chand Suchanti, Pramina Suchanti, Preeti Suchanti Khicha, Pooja Suchanti Shah, Sara Suchanti, Pressman Properties Private Limited, and Pressman Realty Private Limited.

Collectively, the promoter group holds 33,018,579 shares, representing 64.41% of the total voting capital. This is an increase from their previous aggregate holding of 64.37%. The total equity share capital of Sinclairs Hotels remains at 5,12,60,000 equity shares of ₹2 each.

Sinclairs Hotels promoter Navin Chand Suchanti acquired 5,993 shares, representing 0.01% of the total share capital, through an open market transaction on September 4, 2026.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following the transaction, Suchanti's individual holding rose from 3,744,874 shares (7.30%) to 3,750,867 shares (7.31%).

Promoter group holding before and after acquisition

The combined holding of Navin Chand Suchanti and Persons Acting in Concert (PACs) moved from 32,993,308 shares (64.36%) to 32,999,301 shares (64.37%) after the acquisition. The PACs include Niren Chand Suchanti, Pramina Suchanti, Preeti Suchanti Khicha, Pooja Suchanti Shah, Sara Suchanti, Pressman Properties Private Limited, and Pressman Realty Private Limited.

The table below details the individual holdings of each member of the promoter group before and after the acquisition.

Transaction and share capital details

The acquisition was executed through the open market. No shares were encumbered, and no warrants or convertible securities were involved in the transaction. The equity share capital of Sinclairs Hotels remained unchanged at 5,12,60,000 equity shares of ₹2 each, both before and after the acquisition. The disclosure was filed on September 7, 2026, from Kolkata.