Kothari Products Limited — Others, 19-02-2025: Disclosure under SEBI Takeover Regulations

Deepak Kothari has acquired 1,210,927 shares from Dham Securities Pvt. Ltd., leading to an increase in his total holding to 17,787,523 shares (59.61% of Kothari Products Ltd.'s diluted share capital). The transaction, conducted at ₹176.40 per share, is exempt from the requirement to make an open offer. Following this acquisition, the Kothari family's collective ownership remains significant at 74.97%. This update may bolster investor confidence, reflecting strategic consolidation within the management, albeit maintaining a close watch on potential regulatory implications and market responses.