BLT Logistics Promoter Rakesh Kumar Boosts Stake to 29.52% Through Open Market Purchase

BLT Logistics Limited, a company listed on the BSE, has reported a significant change in its promoter shareholding. Rakesh Kumar, a key promoter of the company, has increased his stake through an open market transaction, as disclosed in a recent regulatory filing.

Transaction Details

On August 25, 2025, Rakesh Kumar acquired 16,000 equity shares of BLT Logistics Limited through open market transactions. This acquisition has resulted in an increase in Kumar's shareholding from 29.19% to 29.52% of the company's total voting capital.

Shareholding Impact

Prior to the transaction, Rakesh Kumar held 14,00,000 shares in BLT Logistics. Following the acquisition, his total shareholding has increased to 14,16,000 shares. The company's total equity share capital remains unchanged at 47,96,000 shares, each with a face value of Rs. 10.

Shareholding Changes

Regulatory Compliance

In compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Rakesh Kumar submitted the necessary disclosure to the BSE Limited on August 26, 2025. This prompt disclosure ensures transparency in the promoter's shareholding changes.

About the Acquirer

Rakesh Kumar, identified as a promoter of BLT Logistics Limited, resides at 43, Shivani Enclave, 17-10-2, Uttam Nagar East, Delhi - 110078. His recent acquisition demonstrates continued confidence in the company's prospects.

Company Overview

BLT Logistics Limited is headquartered at Plot No 304 A/2 Kh 14l'2.0I1 F/F, Patel Garden, Kakrola, Delhi, India. The company's shares are listed on the BSE Limited, providing investors with the opportunity to participate in its equity.

This latest transaction by a key promoter may be of interest to current and potential investors in BLT Logistics Limited, as it reflects insider activity and potential confidence in the company's future performance.