Foods & Inns Limited has received regulatory disclosures from MPIL Corporation Limited regarding substantial share acquisitions that have increased the promoter group's stake in the company. The transactions, completed over two consecutive days in March 2026, represent a significant expansion of MPIL Corporation's investment in the hospitality sector company.

Share Acquisition Details

MPIL Corporation Limited executed two separate acquisition transactions that collectively increased its shareholding from 0.65% to 4.08% of Foods & Inns Limited's total equity capital.

Shareholding Pattern Changes

The acquisitions resulted in a substantial increase in MPIL Corporation's ownership stake in Foods & Inns Limited across both transactions.

Regulatory Compliance

The transactions were disclosed in accordance with SEBI regulations governing substantial acquisition of shares and insider trading norms. Key compliance aspects include:

• Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Filing under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
• MPIL Corporation Limited confirmed as belonging to the promoter/promoter group category
• Foods & Inns Limited shares are listed on BSE Limited and NSE

Corporate Information

MPIL Corporation Limited, incorporated in 1959 with CIN L74299MH1959PLC163775, operates from its registered office at Udyog Bhavan, Ballard Estate, Mumbai. The company's disclosure was signed by Veena Dalal, Whole Time Director (DIN: 00062873), confirming the authenticity of the share acquisition transactions and regulatory filings submitted on March 11, 2026.

Western Press Private Limited has completed the sale of 25 lakh shares of Foods & Inns Limited through an inter se transfer to the promoter/promoter group, as disclosed in a regulatory filing dated March 11, 2026. The transaction significantly reduces the company's shareholding in the hospitality sector company from 4.64% to 1.24%.

Transaction Details

The share sale was executed on March 10, 2026, involving 25 lakh shares representing 3.40% of Foods & Inns Limited's total voting capital. The transaction was conducted as an inter se transfer within the promoter group structure.

Shareholding Position Changes

The sale has substantially altered Western Press Private Limited's position in Foods & Inns Limited. The company's total shareholding decreased from 34.13 lakh shares to 9.13 lakh shares, while maintaining its status as a promoter group entity.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Foods & Inns Limited shares are listed on BSE Limited and NSE, with the company's total equity share capital standing at 7.35 crore shares.

The filing was signed by Milan Dalal, Director of Western Press Private Limited (DIN: 00062453), confirming compliance with mandatory disclosure requirements for substantial shareholding changes within the promoter group structure.