R V Ravikumar Increases Stake in Ravi Kumar Distilleries with Open Market Purchase

1 min read     Updated on 10 Mar 2026, 09:44 AM
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Ashish TScanX News Team
Overview

R V Ravikumar acquired 5,440 equity shares (0.02%) in Ravi Kumar Distilleries Limited through open market purchase on March 6, 2026. The transaction increased his total shareholding from 55,08,976 shares (22.95%) to 55,14,416 shares (22.97%). The disclosure was filed under SEBI SAST Regulations with R V Ravikumar identified as a promoter group member.

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*this image is generated using AI for illustrative purposes only.

R V Ravikumar has acquired additional equity shares in Ravi Kumar Distilleries Limited through an open market purchase, as disclosed in a regulatory filing under SEBI regulations. The transaction represents a minor increase in the promoter's existing shareholding in the company.

Transaction Details

The acquisition involved 5,440 equity shares representing 0.02% of the company's total share capital. The purchase was executed on March 6, 2026, through open market transactions.

Parameter Details
Shares Acquired 5,440
Percentage of Total Capital 0.02%
Transaction Date March 6, 2026
Mode of Acquisition Open Market

Shareholding Pattern Changes

Following the acquisition, R V Ravikumar's total shareholding in Ravi Kumar Distilleries Limited has increased marginally. The transaction resulted in a small but notable change in his ownership percentage.

Shareholding Position Before Acquisition After Acquisition
Number of Shares 55,08,976 55,14,416
Percentage Holding 22.95% 22.97%
Voting Rights 22.95% 22.97%

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. R V Ravikumar is identified as belonging to the promoter group of the company.

Persons acting in concert with the acquirer include:

  • R Amirthavalli
  • Siva Sankaran V

Company Information

Ravi Kumar Distilleries Limited maintains its equity share capital at 2,40,00,000 shares of Rs. 10 each, with no changes to the total voting capital following this transaction. The company's shares are listed on both BSE Limited and NSE Limited.

The disclosure document was submitted to the respective stock exchanges and the company's compliance officer on March 7, 2026, fulfilling the regulatory requirements for substantial acquisition disclosures.

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Ravi Kumar Distilleries Announces Detailed Postal Ballot Results for Director Appointment

2 min read     Updated on 18 Dec 2025, 06:17 PM
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Reviewed by
Shriram SScanX News Team
Overview

Ravi Kumar Distilleries Limited disclosed comprehensive voting results for its postal ballot proceedings, confirming Mrs. Shanmugam Vidhyasankari's appointment as Non-Executive Non-Independent Woman Director with 84.05% overall approval. The detailed results show unanimous support from promoter groups and significant backing from public non-institutional shareholders, with the process conducted through remote e-voting and overseen by scrutinizer Mr. Uttam Shetty in full compliance with regulatory requirements.

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Ravi Kumar Distilleries Limited has announced the detailed voting results of its postal ballot proceedings, confirming the successful appointment of Mrs. Shanmugam Vidhyasankari as Non-Executive Non-Independent Woman Director. The company disclosed comprehensive voting statistics and scrutinizer reports on December 18, following the conclusion of the e-voting process on December 17.

Voting Results and Statistics

The postal ballot resolution received overwhelming support from shareholders, with detailed voting patterns across different shareholder categories. The voting was conducted exclusively through remote e-voting facilitated by KFin Technologies Limited.

Voting Category: Total Votes Votes in Favor Votes Against Approval %
Promoter & Promoter Group: 56,594.73 56,594.73 0.00 100.00%
Public - Institutional: 0.00 0.00 0.00 0.00%
Public - Non-Institutional: 1,49,050.46 1,25,274.64 23,775.82 84.05%
Overall Total: 1,49,050.46 1,25,274.64 23,775.82 84.05%

Board Resolution and Approval Process

The Board of Directors approved the proposal to conduct a postal ballot at their meeting held on November 13. The process was conducted in accordance with Section 110 of the Companies Act, 2013, and other applicable provisions including SEBI Listing Regulations and various MCA circulars issued between 2020 and 2025.

Process Details: Information
Board Meeting Date: November 13
Voting Method: Remote e-voting only
Cut-off Date: November 14
Notice Dispatch Date: November 15
Voting Period: November 18 - December 17
Result Declaration: December 18

Director Appointment Details

The ordinary resolution sought approval for the appointment of Mrs. Shanmugam Vidhyasankari (DIN: 06869213) as Non-Executive Non-Independent Woman Director of the company. She was initially appointed by the Board of Directors as an Additional Director with effect from November 13, and the postal ballot formalized her appointment as a regular director liable to retire by rotation.

Appointment Details: Information
Director Name: Mrs. Shanmugam Vidhyasankari
DIN: 06869213
Position: Non-Executive Non-Independent Woman Director
Initial Appointment: November 13
Status: Liable to retire by rotation
Professional Background: Obstetrician and Gynaecologist
Relationship: Daughter-in-law of Mr. RV Ravikumar, Managing Director

Scrutinizer Report and Compliance

Mr. Uttam Shetty, Proprietor of M/s. Uttam Shetty & Co. (Membership No. FCS8691), served as the scrutinizer for conducting the postal ballot process. The scrutinizer confirmed that the resolution was passed with the requisite majority and all voting procedures were conducted in compliance with applicable regulations.

The voting results have been uploaded on the company's website and KFin Technologies Limited's platform, with formal intimation sent to both BSE (Scrip Code: 533294) and NSE (Scrip Code: RKDL). The company has confirmed full compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and all relevant MCA circulars.

Regulatory Framework and Transparency

The postal ballot process was conducted pursuant to multiple regulatory frameworks including the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also complied with various MCA circulars issued between 2020 and 2025, demonstrating adherence to evolving regulatory requirements and maintaining transparency in corporate governance practices.

Historical Stock Returns for Ravi Kumar Distilleries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.54%+12.73%-4.55%-34.85%-20.96%+152.42%
Ravi Kumar Distilleries
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View All News
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