TPL India Promoter Bharat C Parekh Boosts Stake to 64.5% Through Open Market Purchase

1 min read     Updated on 01 Aug 2025, 11:03 AM
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Overview

Bharat C Parekh, a promoter of TPINDIA, increased his stake in the company from 61.11% to 64.50% through open market transactions. On July 29, 2025, he acquired 14,57,677 shares, representing 3.39% of the company's total voting capital. The acquisition was disclosed in a regulatory filing under SEBI regulations. The company's total equity share capital remains unchanged at 4,29,63,470 shares. This move strengthens the promoter group's hold on TPINDIA and may signal confidence in the company's future prospects.

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

TPINDIA witnessed a significant change in its shareholding pattern as promoter Bharat C Parekh increased his stake in the company through open market transactions. The move underscores the promoter's confidence in the company's future prospects.

Acquisition Details

On July 29, 2025, Bharat C Parekh acquired 14,57,677 shares of TPINDIA, representing 3.39% of the company's total voting capital. This strategic purchase has resulted in a substantial increase in Parekh's shareholding:

Particulars Before Acquisition After Acquisition
Shares Held 2,62,53,827 2,77,11,504
Stake (%) 61.11 64.50

The acquisition was executed through open market transactions, as disclosed in the regulatory filing under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Impact on Shareholding Structure

Following this transaction, the promoter group's hold on TPINDIA has strengthened considerably. The company's total equity share capital remains unchanged at 4,29,63,470 shares, indicating that the acquisition did not involve any fresh issuance of shares.

Regulatory Compliance

In compliance with regulatory requirements, Bharat C Parekh promptly filed the necessary disclosures with the BSE Limited and the company on July 31, 2025. This transparency ensures that all stakeholders are informed about significant changes in the company's ownership structure.

Market Implications

The increased promoter stake often signals confidence in a company's future prospects and may be viewed positively by the market. However, it's important to note that this move also reduces the public float, which could potentially impact the stock's liquidity.

Investors and market participants will likely monitor TPINDIA closely in the coming days to gauge any potential impact on the company's stock price and overall market sentiment.

As TPINDIA continues to navigate the business landscape, this significant change in promoter holding may influence the company's strategic decisions and corporate governance practices going forward.

Historical Stock Returns for TPINDIA

1 Day5 Days1 Month6 Months1 Year5 Years
+2.05%-3.81%+8.54%+2.71%-24.01%+169.92%
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TPI India Promoter Bharat C. Parekh Reduces Stake to 62.27% Through Share Sale

1 min read     Updated on 25 Jul 2025, 06:21 PM
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Overview

Bharat C. Parekh, a key promoter of TPI India Ltd, sold 10,59,320 shares in the open market on July 23, 2025. This reduced his shareholding from 64.74% to 62.27%, a decrease of 2.47%. The transaction involved shares with voting rights and did not include any encumbrances or convertible securities. TPI India's total equity share capital remains unchanged at 4,29,63,470 shares. The company has filed the required disclosures with BSE Limited in compliance with SEBI regulations.

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

TPI India Ltd , a company listed on the BSE Limited, has reported a significant change in its promoter shareholding. Bharat C. Parekh, a key promoter of the company, has reduced his stake through a substantial share sale in the open market.

Share Sale Details

On July 23, 2025, Bharat C. Parekh sold 10,59,320 shares of TPI India Ltd through open market transactions. This sale has resulted in a notable reduction in his shareholding in the company:

Item Value
Previous Shareholding 64.74% (2,78,13,147 shares)
Current Shareholding 62.27% (2,67,53,827 shares)
Reduction 2.47%

Impact on Ownership Structure

The transaction has led to a shift in the ownership structure of TPI India Ltd:

  • The shares sold were carrying voting rights.
  • No encumbrances, warrants, or convertible securities were involved in the transaction.
  • TPI India's total equity share capital remains unchanged at 4,29,63,470 shares.

Regulatory Compliance

In compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, TPI India Ltd has made the necessary disclosures to the BSE Limited. The company filed the required intimation on July 24, 2025, detailing the changes in promoter shareholding.

Company Overview

TPI India Ltd, trading under the BSE Scrip Code 500421, is based in Murbad, Maharashtra. The company's registered office is located at Plot No J-61, Additional MIDC, Dist Thane, Murbad, Maharashtra, 421401.

This share sale by a prominent promoter may be of interest to investors and market analysts monitoring ownership changes in listed companies. However, it's important to note that the reasons behind the sale and its potential implications for the company's future direction have not been disclosed in the regulatory filing.

Historical Stock Returns for TPINDIA

1 Day5 Days1 Month6 Months1 Year5 Years
+2.05%-3.81%+8.54%+2.71%-24.01%+169.92%
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