News Orders & Deals Tirupati Foam Promoter Group Member Sells 35 Equity Shares in Open Market TransactionTirupati Foam Promoter Group Member Sells 35 Equity Shares in Open Market Transaction
Kalpesh B Kothari, promoter group member of Tirupati Foam Limited, sold 35 equity shares through open market transactions as disclosed under SEBI regulations. His shareholding decreased from 67,730 to 67,695 shares while maintaining 1.537% stake. The company's total equity capital remains Rs. 4,40,70,000 comprising 4,407,000 shares of Rs. 10 face value each.
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Promoter group member Kalpesh B Kothari of Tirupati Foam Limited has disclosed the sale of 35 equity shares through open market transactions, as per regulatory filing requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The disclosure, submitted to BSE Limited on February 25, 2026, provides comprehensive details of the share sale transaction conducted through the stock exchange platform.
| Parameter | Details |
|---|---|
| Seller | Kalpesh B Kothari (Promoter Group) |
| Shares Sold | 35 equity shares |
| Transaction Mode | Open Market |
| Stock Exchange | BSE Limited |
Shareholding Pattern Changes
The transaction resulted in a marginal change in Kothari's absolute shareholding while maintaining his percentage stake in the company.
| Shareholding Details | Before Transaction | After Transaction |
|---|---|---|
| Number of Shares | 67,730 | 67,695 |
| Percentage Holding | 1.537% | 1.537% |
| Voting Rights | 1.537% | 1.537% |
Company Share Capital Structure
Tirupati Foam Limited's equity structure remained unchanged following this minor transaction by the promoter group member.
| Capital Structure | Amount/Details |
|---|---|
| Total Equity Share Capital | Rs. 4,40,70,000 |
| Number of Equity Shares | 4,407,000 shares |
| Face Value per Share | Rs. 10 |
| Diluted Share Capital | Rs. 4,40,70,000 |
Regulatory Compliance
The disclosure fulfills the mandatory reporting requirements under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which mandates promoters and promoter group members to disclose any acquisition or disposal of shares that results in a change in shareholding. The filing was submitted to both BSE Limited and the company secretary of Tirupati Foam Limited, ensuring complete regulatory compliance and transparency in shareholding changes.
Historical Stock Returns for Tirupati Foam
| 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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