TPINDIA has reported a significant change in its promoter shareholding. Bharat C Parekh, a promoter of the company, has sold 10,00,000 equity shares through open market transactions, reducing his stake in the company.

Transaction Details

The sale occurred over two consecutive days:

• September 22, 2025: 5,00,000 shares
• September 23, 2025: 5,00,000 shares

Impact on Shareholding

Following the transaction, Parekh's shareholding in TPINDIA has decreased as follows:

The sale represents 2.33% of the company's total voting capital.

Company Share Capital

TPINDIA's total equity share capital remains unchanged at 4,29,63,470 shares.

Regulatory Compliance

In compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Bharat C Parekh has submitted the required disclosure to both BSE Limited and TPINDIA. The disclosure details the change in shareholding and confirms that the transaction was conducted through the open market.

About TPL India Ltd

TPINDIA's registered office is located at Plot No J-61, Additional MIDC, Dist Thane, Murbad, Maharashtra, 421401.

TPINDIA witnessed a significant change in its promoter shareholding as Bharat C Parekh, a key promoter of the company, sold a substantial portion of his stake in the open market.

Transaction Details

Bharat C Parekh executed an open market sale of 5,00,000 shares, representing 1.16% of TPINDIA's total voting capital. This transaction resulted in a notable reduction of Parekh's shareholding in the company.

Impact on Shareholding

Following the sale, Bharat C Parekh's stake in TPINDIA has decreased from 2,66,55,515 shares (62.04% of the total share capital) to 2,61,55,515 shares (60.88%). Despite this reduction, Parekh remains a significant promoter shareholder in the company.

Company's Share Capital

TPINDIA's total equity share capital remains unchanged at 4,29,63,470 shares following this transaction.

Regulatory Compliance

In compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Bharat C Parekh filed the necessary disclosure with the Bombay Stock Exchange (BSE). This filing ensures transparency in the promoter's shareholding changes for the benefit of all stakeholders.

Market Impact

While this sale represents a decrease in promoter holding, it's important for investors to note that such transactions can occur for various reasons and may not necessarily reflect on the company's performance or future prospects. Market participants will likely monitor for any further changes in promoter shareholding or company developments.

Investors and stakeholders are advised to keep track of any further announcements or disclosures from the company for a comprehensive understanding of its shareholding structure and corporate actions.