Tirupati Foam promoter sells 18 equity shares in open market
- 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

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































