Tirupati Foam promoter sells 18 equity shares in open market

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Kalpesh B Kothari sold 18 equity shares in open market on September 9, 2026
  • Transaction represents 0.0% of total share and voting capital
  • Promoter stake remains unchanged at 1.535% post-sale
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50582755

*this image is generated using AI for illustrative purposes only.

Tirupati Foam promoter Kalpesh B Kothari sold 18 equity shares in the open market on September 9, 2026. The transaction represents a negligible 0.0% of the company’s total share and voting capital.

The disposal was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kothari, a member of the promoter group, reduced his holding from 67,674 shares to 67,656 shares following the sale.

Holding Details

The table below outlines the promoter’s shareholding position before and after the transaction.

Metric Before Sale After Sale
Shares held 67,674 67,656
% of voting capital 1.535% 1.535%
Shares sold — 18

Kothari’s stake remains at 1.535% of the total diluted share capital. The company’s total equity share capital stands at ₹4,40,70,000, comprising 4,407,000 equity shares with a face value of ₹10 each.

No encumbrances, warrants, or convertible securities were involved in this specific transaction. The sale was executed through the Bombay Stock Exchange.

Historical Stock Returns for Tirupati Foam

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.74%-41.08%-3.40%-37.69%+10.34%

Will Kalpesh B Kothari continue to reduce his stake in Tirupati Foam in the coming quarters, or was this sale an isolated liquidity event?

How might this minor promoter disposal impact investor sentiment and the stock's short-term volatility on the Bombay Stock Exchange?

Are there any upcoming corporate actions, such as dividends or buybacks, that could explain the timing of this share reduction?

Tirupati Foam promoter Kalpesh Kothari sells 21 equity shares

scanx
Reviewed by
Shriram SScanX News Team
Key Highlights
  • Kalpesh B Kothari sold 21 equity shares of Tirupati Foam Ltd on September 8, 2026
  • The transaction represented 0.001% of the company's total voting capital
  • Promoter's holding reduced from 67,695 to 67,674 shares
  • Voting stake decreased from 1.536% to 1.535% following the open market sale
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50504683

*this image is generated using AI for illustrative purposes only.

Tirupati Foam promoter Kalpesh B Kothari sold 21 equity shares in the open market on September 8, 2026. The disclosure was filed with the Bombay Stock Exchange on September 9, 2026.

The transaction involved the sale of 21 shares, representing 0.001% of the company’s total share and voting capital. This disposal was executed through the stock exchange in the open market.

Shareholding Changes

Prior to the sale, Kalpesh B Kothari held 67,695 equity shares, constituting 1.536% of the total diluted share and voting capital. Following the transaction, his holding decreased to 67,674 shares, or 1.535% of the capital.

Metric Before Sale After Sale
Shares Held 67,695 67,674
Voting Rights % 1.536% 1.535%

Regulatory Disclosure

The sale was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Tirupati Foam Limited’s total equity share capital stands at ₹4,40,70,000, comprising 4,407,000 equity shares with a face value of ₹10 each. This figure remained unchanged before and after the transaction.

Historical Stock Returns for Tirupati Foam

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.74%-41.08%-3.40%-37.69%+10.34%

Does this minor disposal signal the beginning of a larger divestment strategy by promoter Kalpesh B Kothari, or is it an isolated liquidity event?

How might this transaction impact investor sentiment and the stock price volatility of Tirupati Foam in the near term?

Are there any upcoming corporate actions or financial obligations that could explain this specific timing of share sales in September 2026?

More News on Tirupati Foam

1 Year Returns:-37.69%