Sungold Media Promoter Raj Kotia Increases Stake to 47.61% Through Open Market Purchase

1 min read     Updated on 21 Jan 2026, 04:38 PM
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Overview

Promoter Raj Kotia of Sungold Media And Entertainment Limited acquired 5,000 additional equity shares through open market purchase on January 21, 2026, increasing his shareholding from 47.57% to 47.61%. The acquisition was disclosed under SEBI takeover regulations, with the company's share capital structure remaining unchanged at ₹11.00 crores divided into 1,10,00,000 equity shares of ₹10 each.

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

Raj Kotia, promoter of Sungold Media & Entertainment Limited, has acquired additional shares in the company through open market purchase, increasing his overall shareholding. The acquisition was disclosed to BSE Limited under regulatory requirements on January 21, 2026.

Share Acquisition Details

The promoter acquired 5,000 equity shares carrying voting rights through open market purchase on January 21, 2026. This acquisition represents 0.04% of the company's total share capital.

Parameter Before Acquisition Acquisition After Acquisition
Number of Shares 5,232,570 5,000 5,237,570
Percentage Holding 47.57% 0.04% 47.61%
Voting Rights 47.57% 0.04% 47.61%

Company Share Capital Structure

Sungold Media And Entertainment Limited's equity share capital structure remained unchanged following this acquisition. The company maintains its authorized and issued capital structure as follows:

Details Amount
Total Equity Share Capital ₹11.00 crores
Number of Equity Shares 1,10,00,000
Face Value per Share ₹10.00
Listing Platform BSE Limited (SME Platform)
BSE Scrip Code 541799

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The promoter holds no encumbrances, warrants, convertible securities, or other instruments that would entitle him to additional voting rights in the company.

Shareholding Pattern

Following this acquisition, Raj Kotia continues to hold a significant stake in the company as a promoter. The acquisition method was through open market purchase, indicating the promoter's confidence in the company's prospects. The company's total diluted share capital remains at ₹11.00 crores, as there are no outstanding convertible securities or warrants.

Historical Stock Returns for Sungold Media & Entertainment

1 Day5 Days1 Month6 Months1 Year5 Years
+4.93%0.0%-0.24%-34.75%-49.39%+51.46%
Sungold Media & Entertainment
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Sungold Media Promoter Raj Kotia Increases Stake to 47.57% Through Open Market Purchase

1 min read     Updated on 09 Jan 2026, 12:12 PM
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Reviewed by
Shriram SScanX News Team
Overview

Raj Kotia, promoter of Sungold Media And Entertainment Limited, acquired 10,000 additional equity shares through open market purchases on January 7-8, 2026. This increased his shareholding from 47.48% to 47.57%, with the acquisition disclosed under SEBI regulations. The company's capital structure remains unchanged at ₹11 crores divided into 1.10 crore shares of ₹10 each.

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

Promoter Raj Kotia has strengthened his position in Sungold Media And Entertainment Limited by acquiring additional equity shares through open market purchases. The acquisition, completed on January 7-8, 2026, represents a strategic move to increase promoter holding in the BSE SME-listed company.

Acquisition Details

The share acquisition involved 10,000 equity shares purchased through open market transactions. This purchase increased Kotia's shareholding from 5,222,570 shares to 5,232,570 shares, representing a percentage increase from 47.48% to 47.57% of the company's total voting capital.

Parameter Before Acquisition After Acquisition Change
Number of Shares 5,222,570 5,232,570 +10,000
Percentage Holding 47.48% 47.57% +0.09%
Voting Rights 47.48% 47.57% +0.09%

Company Structure and Listing

Sungold Media And Entertainment Limited maintains its equity share capital structure unchanged following this acquisition. The company's authorized and issued capital remains at ₹11.00 crores, divided into 1.10 crore equity shares of ₹10 each. The company's shares are listed on BSE Limited's SME platform under scrip code 541799.

Regulatory Compliance

The acquisition was disclosed under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure confirms that:

  • No encumbrances exist on the acquired shares
  • No voting rights were acquired through instruments other than equity shares
  • No warrants or convertible securities were involved in the transaction
  • The acquisition was completed through open market purchases only

Transaction Timeline

The share purchases were executed over two consecutive days, with transactions completed on January 7, 2026, and January 8, 2026. The formal disclosure to BSE was submitted on January 8, 2026, ensuring compliance with regulatory timelines for substantial acquisition reporting.

This acquisition reinforces the promoter's commitment to the company while maintaining the existing capital structure and operational framework of Sungold Media And Entertainment Limited.

Historical Stock Returns for Sungold Media & Entertainment

1 Day5 Days1 Month6 Months1 Year5 Years
+4.93%0.0%-0.24%-34.75%-49.39%+51.46%
Sungold Media & Entertainment
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