Kanwardip Singh Dhingra, a promoter and member of the promoter group, has acquired an additional 19,788 equity shares of Berger Paints India Limited. This acquisition, made through an open market trade on September 7, 2026, represents 0.0017% of the company’s total paid-up equity share capital. Following this transaction, the promoter group’s total holding in Berger Paints has increased, reflecting continued investment and belief in the company’s prospects.
Promoter Strengthens Stake in Berger Paints
Mr. Kanwardip Singh Dhingra, a key promoter of Berger Paints India Limited, has increased his shareholding in the company by acquiring 19,788 equity shares. The transaction, executed via an open market trade on September 7, 2026, adds 0.0017% to the promoter group’s aggregate stake in the company. This acquisition underscores the promoter’s ongoing commitment and confidence in Berger Paints’ business and future growth trajectory.
Transaction Details
The acquisition was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this purchase, the holding of the acquirer and persons acting in concert was 8,40,000 shares, representing 0.07% of the total share capital. Post-acquisition, the total holding has risen to 8,59,788 shares, constituting 0.0737% of the total equity share capital.
Disclosure Information
The disclosure document, submitted to the BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Ltd., provides a comprehensive breakdown of the acquisition. The net change in shareholding for the acquirer and persons acting in concert is an increase of 0.0017%. The effective date of the acquisition is noted as September 7, 2026.
Source: BSE
