Sungold Media & Entertainment Promoter Raj Kotia Increases Stake to 47.71%
Sungold Media & Entertainment Limited's promoter Raj Kotia has increased his stake in the BSE SME-listed company through an open market acquisition of 5,000 equity shares. The transaction, completed on February 2, 2026, raised his shareholding from 47.66% to 47.71%, demonstrating continued confidence in the entertainment company's prospects while maintaining regulatory compliance under SEBI takeover regulations.
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Sungold Media & Entertainment Limited has disclosed a share acquisition by its promoter Raj Kotia under SEBI's substantial acquisition regulations. The transaction represents a strategic increase in the promoter's stake in the BSE SME-listed entertainment company.
Share Acquisition Details
Raj Kotia acquired 5,000 equity shares of Sungold Media & Entertainment Limited through open market purchase on February 2, 2026. The acquisition details are presented below:
| Parameter | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Number of Shares | 5,242,570 | 5,000 | 5,247,570 |
| Percentage Holding | 47.66% | 0.05% | 47.71% |
| Total Voting Rights | 47.66% | 0.05% | 47.71% |
Company Share Capital Structure
The company's equity share capital remains unchanged following this transaction:
| Details | Specification |
|---|---|
| Total Share Capital | Rs. 11,00,00,000 |
| Number of Shares | 1,10,00,000 |
| Face Value per Share | Rs. 10 |
| Listing Platform | BSE SME |
| BSE Scrip Code | 541799 |
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition involved only equity shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the transaction.
Transaction Characteristics
The open market purchase represents a modest increase in the promoter's shareholding. Kotia's acquisition maintains his position as a significant stakeholder while demonstrating continued confidence in the company's prospects. The transaction was completed without any special features or conversion ratios, involving standard equity shares of the company.
The disclosure filing was submitted to BSE Limited and the company on February 2, 2026, ensuring compliance with regulatory timelines for substantial acquisition reporting.
Historical Stock Returns for Sungold Media & Entertainment
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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