Sinclairs Hotels Promoter Navin Chand Suchanti Increases Stake to 6.03%
Sinclairs Hotels promoter Navin Chand Suchanti has increased his shareholding to 6.03% through the acquisition of 30,535 equity shares via open market transactions. The latest purchase demonstrates continued promoter confidence in the hospitality company, with proper regulatory compliance maintained under SEBI disclosure requirements.

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Sinclairs Hotels Limited has disclosed another substantial acquisition of shares by its promoter Navin Chand Suchanti under SEBI regulations. The latest transaction represents a continued strategic increase in promoter shareholding through open market purchases conducted in March 2026.
Latest Share Acquisition Details
Navin Chand Suchanti acquired 30,535 equity shares through open market transactions between March 5 and March 6, 2026. This acquisition increased his total shareholding from 3,063,173 shares to 3,093,708 shares, representing a percentage increase from 5.97% to 6.03% of the company's total share capital.
| Parameter: | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Number of Shares: | 3,063,173 | 30,535 | 3,093,708 |
| Percentage Holding: | 5.97% | 0.06% | 6.03% |
| % of Diluted Capital: | 5.97% | 0.06% | 6.03% |
Regulatory Compliance and Documentation
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal documentation was digitally signed and submitted on March 7, 2026, with Navin Chand Suchanti personally signing the disclosure letter from his address at Flat 8B, 8th Floor, 8 Alipore Park Place, Kolkata-700027.
All necessary regulatory filings were completed with BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Ltd. The disclosure demonstrates compliance with regulatory requirements for substantial shareholding changes.
Company Share Capital Structure
Sinclairs Hotels Limited maintains an equity share capital of 5,12,60,000 shares of Rs. 2 each, which remained unchanged before and after the acquisition. The total diluted share capital also stands at the same level, indicating no outstanding convertible securities or warrants.
| Share Capital Details: | Specification |
|---|---|
| Total Equity Shares: | 5,12,60,000 |
| Face Value per Share: | Rs. 2 |
| BSE Scrip Code: | 523023 |
| NSE Symbol: | SINCLAIR |
| CSE Scrip Code: | 029074 |
| Acquisition Mode: | Open Market |
Market Presence and Promoter Confidence
The company's shares are listed on three stock exchanges with different scrip codes. BSE Limited lists the shares under scrip code 523023, while National Stock Exchange uses the symbol SINCLAIR. The Calcutta Stock Exchange maintains the scrip code 029074 for trading purposes.
This latest acquisition demonstrates continued promoter confidence in the hospitality company, with Navin Chand Suchanti progressively increasing his ownership stake through market-based transactions, now holding over 6% of the company's total equity.
Historical Stock Returns for Sinclairs Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.06% | +3.53% | -1.10% | -31.36% | -16.16% | -44.96% |
































