Sungold media & entertainment Limited has disclosed that its promoter Raj Kotia acquired additional equity shares through open market purchase, as per the regulatory filing made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Acquisition Details

Raj Kotia acquired 5000 equity shares of the company on March 23, 2026, through open market purchase. The acquisition represents 0.05% of the total share capital of the company.

Company Capital Structure

The company's equity share capital structure remained unchanged following the acquisition:

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Raj Kotia, being a promoter of the company, is required to disclose any changes in his shareholding pattern.

Trading Platform

Sungold Media And Entertainment Limited shares are listed on BSE Limited under the SME Platform with scrip code 541799. The company is headquartered in Rajpipla, Narmada, Gujarat.

The acquisition reflects the promoter's continued confidence in the company's prospects, maintaining his significant stake in the entertainment and media business.

Sungold Media & Entertainment Limited's Board of Directors approved key remuneration decisions during their meeting on March 20, 2026. The board convened at the company's registered office in Rajpipla, Gujarat, to address executive compensation matters following recommendations from the Nomination and Remuneration Committee.

Board Meeting Outcomes

The primary agenda item involved fixing the remuneration structure for the company's top leadership position. The board made the following key decision:

Meeting Details

The board meeting was conducted efficiently at the company's registered office located at 102, 1st Floor, 36, Shri Rang Residency, Vadia, Rajpipla, Narmada, Gujarat. The session commenced at 11:00 A.M. and concluded at 11:30 A.M., demonstrating focused decision-making on the remuneration matters.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), 2015. Company Secretary and Compliance Officer Bhavya Devang Maniyar (Membership No. A62856) signed the disclosure, ensuring proper regulatory adherence.

Next Steps

The approved remuneration package for Mr. Raj Kotia's continued tenure as Chairman & Managing Director requires final approval from company members at the upcoming Annual General Meeting. This standard governance process ensures shareholder oversight of executive compensation decisions.