Hit Kit Global Solutions has witnessed a substantial increase in shareholding by Eswara Rao Nandam and his associates, who have collectively raised their stake to 22.240% through a significant market acquisition. The disclosure, submitted under SEBI's Substantial Acquisition regulations on 04 March 2026, reveals a strategic increase in the group's investment in the Mumbai-based company.

Acquisition Details

The acquisition involved the purchase of 6,791,672 equity shares on 02 March 2026 through market purchases. This represents a substantial 12.601% of the company's total voting capital in a single transaction.

Shareholding Pattern Changes

The acquisition has significantly altered the shareholding structure, with the group's collective stake increasing substantially from their previous position.

Persons Acting in Concert

The acquisition group comprises four entities working in concert:

• Eswara Rao Nandam (Lead Acquirer)
• Uma Nandam
• Vishaal Nandam
• Ajaraya Business Corporation

Eswara Rao Nandam, based in Chennai, serves as the primary contact for the group and signed the disclosure documentation on behalf of all acquirers.

Company Structure

Hit Kit Global Solutions Ltd maintains its equity structure with a share capital of ₹10,78,00,000 divided into 5,39,00,000 equity shares. The company operates as a promoter-less entity and is listed exclusively on BSE Limited. The company's registered office is located in Malad West, Mumbai.

Regulatory Compliance

This disclosure follows the group's earlier submission dated 13 February 2026 under Regulation 29(1) of SEBI regulations. The current filing under Regulation 29(2) was triggered due to the aggregate shareholding change exceeding 2% since the last disclosure, demonstrating compliance with substantial acquisition norms.

Hit Kit Global Solutions has witnessed a significant change in its shareholding pattern as Prakash Shah and his wife Suman Prakash Shah have completely exited their investment in the company through open market sales.

Complete Divestment Details

The transaction represents a complete exit by the Shah family from their investment in HitKit Global Solutions. The disposal was executed through open market sales on 02/03/2026, involving both Prakash Shah and his wife Suman, who was acting in concert.

Pre and Post Transaction Holdings

Before the transaction, Prakash Shah held 51,77,570 shares representing 9.61% of the company's voting capital, while Suman Prakash Shah held 7,97,920 shares representing 1.48%. Their combined holding of 59,75,490 shares constituted 11.09% of the total equity.

Company Capital Structure

HitKit Global Solutions maintains a stable equity capital structure throughout the transaction period. The company's equity share capital remained unchanged at 5,39,00,000 equity shares of Rs. 2/- each before and after the substantial sale.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sellers confirmed they do not belong to the promoter or promoter group category. The company's shares are listed on the Bombay Stock Exchange, where this substantial shareholding change has been duly reported.

Transaction Methodology

The entire divestment was executed through open market sales, providing liquidity to the sellers while allowing market participants to acquire the shares at prevailing market prices. The synchronized timing of both transactions on 02/03/2026 suggests a coordinated exit strategy by the Shah family from their investment in HitKit Global Solutions.