Kothari Products Limited — Others, 06-02-2025: Disclosure under SEBI Takeover Regulations

Deepak Kothari is set to acquire 1,210,927 equity shares from Dham Securities Pvt. Ltd., representing 4.06% of Kothari Products Ltd.'s share capital, at a price of Rs.198 per share. This inter-se transfer among the promoter group is anticipated to strengthen Kothari's control over the company. Post-acquisition, Kothari's shareholding will rise to approximately 59.61%, enhancing governance stability. Investors might view this move favorably as it reflects confidence from the promoter, although it also indicates reduced liquidity in public trading. Overall, this acquisition signals a positive outlook for long-term growth and continuity in management strategy.