Sinclairs Hotels Limited has witnessed an increase in promoter shareholding following recent open market acquisitions by promoter Navin Chand Suchanti. The transaction, disclosed under SEBI's substantial acquisition regulations, demonstrates continued confidence from the promoter group in the hospitality company.

Share Acquisition Details

Navin Chand Suchanti acquired 60,845 equity shares through open market purchases conducted between March 27-30, 2026. The acquisition represents 0.12% of the company's total share capital.

Shareholding Pattern Changes

The acquisition has resulted in changes to the promoter group's overall shareholding in Sinclairs Hotels. The combined holding has increased from 63.51% to 63.63%.

Promoter Group Composition

The promoter group consists of eight entities, with Navin Chand Suchanti's individual holding increasing from 6.45% to 6.57% following the acquisition.

Individual Holdings Post-Acquisition:

• Niren Chand Suchanti: 12,215,498 shares (23.83%)
• Pramina Suchanti: 7,144,066 shares (13.94%)
• Navin Chand Suchanti: 3,368,211 shares (6.57%)
• Preeti Suchanti Khicha: 2,294,114 shares (4.47%)
• Pooja Suchanti Shah: 2,294,114 shares (4.47%)
• Sara Suchanti: 2,294,114 shares (4.48%)
• Pressman Properties Private Limited: 2,514,350 shares (4.91%)
• Pressman Realty Private Limited: 492,178 shares (0.96%)

Company Capital Structure

Sinclairs Hotels maintains a stable capital structure with no changes to the overall equity base following the transaction.

The disclosure was filed on March 31, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction reflects the promoter group's continued commitment to the company while maintaining their controlling stake in the hospitality business.

Promoter Sinclairs Hotels Limited, Navin Chand Suchanti, has further increased his shareholding in the hospitality company through additional open market transactions. The latest acquisition, disclosed under SEBI regulations on March 25, 2026, demonstrates continued promoter confidence in the company's prospects.

Latest Transaction Details

The recent share acquisition involved specific parameters that highlight the scale and nature of the transaction:

Updated Shareholding Analysis

The latest transaction resulted in a further increase in Suchanti's ownership stake in the company:

Promoter Group Holdings

The disclosure reveals the complete promoter group structure and their respective shareholdings after the latest acquisition:

Company Structure

Sinclairs Hotels Limited maintains its equity structure with a total share capital of 5,12,60,000 equity shares of Rs.2 each. The company's shares are listed on multiple exchanges, providing liquidity across different trading platforms:

• BSE Limited (Scrip Code: 523023)
• National Stock Exchange of India Limited (Symbol: SINCLAIR)
• The Calcutta Stock Exchange Ltd (Scrip Code: 029074)

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Suchanti, identified as a promoter of the company, fulfilled the mandatory reporting requirements following the share acquisition. The transaction involved only equity shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved.

The acquisition represents a strategic increase in promoter shareholding, maintaining transparency through proper regulatory disclosures. The open market nature of the transaction indicates standard trading practices without any special arrangements or preferential allotments. This follows his previous acquisitions that have shown consistent accumulation of shares by the promoter, demonstrating sustained confidence in the company's business prospects.