Kolte - Patil Developers Limited — Others, 12-08-2025: Disclosure under SEBI Takeover Regulations
12-08-2025 | 11:54 am
12-08-2025 | 11:54 am
BREP Asia III India Holding Co VII Pte. Ltd. has acquired 2,27,96,353 equity shares of Kolte-Patil Developers Limited from certain promoter group members. This off-market acquisition, priced at INR 329 per share, significantly increases BREP's stake. Prior to this, BREP and its associates held 14.29% of Kolte-Patil Developers. Following the acquisition, their total shareholding has risen to 40.00% of the company's equity. This substantial increase in ownership by a strategic investor demonstrates strong long-term interest and confidence in Kolte-Patil Developers.
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