Sinclairs Hotels Promoter Navin Chand Suchanti Increases Stake to 5.81% Through Open Market Purchase
Promoter Navin Chand Suchanti acquired 106,735 shares of Sinclairs Hotels Limited through open market transactions between February 26-27, 2026, increasing his shareholding from 5.60% to 5.81%. The acquisition was disclosed under SEBI regulations on March 2, 2026, with the company maintaining its equity share capital of 5.12 crore shares of Rs. 2 each. The shares are listed on BSE, NSE, and Calcutta Stock Exchange.

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Sinclairs Hotels Limited has disclosed a substantial acquisition of shares by its promoter Navin Chand Suchanti under SEBI regulations. The transaction represents a strategic increase in promoter shareholding through open market purchases conducted over two days in February 2026.
Share Acquisition Details
Navin Chand Suchanti acquired 106,735 equity shares through open market transactions between February 26-27, 2026. The acquisition increased his total shareholding from 2,872,702 shares to 2,979,437 shares, representing a percentage increase from 5.60% to 5.81% of the company's total share capital.
| Parameter | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Number of Shares | 2,872,702 | 106,735 | 2,979,437 |
| Percentage Holding | 5.60% | 0.21% | 5.81% |
| % of Diluted Capital | 5.60% | 0.21% | 5.81% |
Regulatory Compliance
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary Dipak Kumar Shaw filed the necessary documentation with BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Ltd on March 2, 2026.
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 |
| Stock Exchanges | BSE, NSE, Calcutta Stock Exchange |
| Acquisition Mode | Open Market |
Market Presence
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 acquisition demonstrates continued promoter confidence in the hospitality company, with Navin Chand Suchanti maintaining his position as a key stakeholder while incrementally increasing his ownership stake through market-based transactions.
Historical Stock Returns for Sinclairs Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.34% | +2.12% | -3.33% | -24.18% | -10.28% | -43.79% |
































