KAMA Realty (Delhi) Limited has disclosed the acquisition of 45,141 equity shares in SRF Limited, representing approximately 0.02% of the paid-up equity share capital. This transaction was executed through the open market. The disclosure adheres to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following this acquisition, KAMA Realty’s total holding in SRF Limited stands at 34,00,000 shares, equating to 1.15% of the total equity share capital.
KAMA Realty Expands Stake in SRF Limited
KAMA Realty (Delhi) Limited has announced a strategic acquisition, having purchased an additional 45,141 equity shares of SRF Limited. This transaction, conducted via the open market, increases KAMA Realty’s total shareholding in SRF Limited to 34,00,000 equity shares. This represents 1.15% of SRF Limited’s total paid-up equity share capital.
Disclosure Under SEBI Regulations
The disclosure has been made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition of 45,141 shares amounts to approximately 0.02% of the paid-up equity share capital of SRF Limited. This aligns with KAMA Realty’s ongoing strategy within the capital markets.
Shareholding Details
Prior to this acquisition, KAMA Realty held 33,54,859 equity shares in SRF Limited, accounting for 1.13% of the total voting capital. Post-acquisition, the total holding has risen to 34,00,000 equity shares, representing 1.15% of the total share capital. The diluted share capital figures also reflect this increase, moving from 1.13% to 1.15%.
The total equity share capital of SRF Limited before the acquisition was Rs. 2,96,42,48,250, comprising 29,64,24,825 equity shares of Rs. 10 each. After the acquisition, the total equity share capital remains the same, but the total diluted share capital has increased slightly to Rs. 2,96,65,76,350, with 29,66,57,635 equity shares of Rs. 10 each, taking into account outstanding convertible securities and ESOPs.
Persons Acting in Concert
The annexure details various individuals and entities identified as Persons Acting in Concert (PAC) with KAMA Realty (Delhi) Limited. These include Kama Holdings Limited, which holds a significant 49.13% stake, and numerous other entities and individuals such as Mr. Arun Bharat Ram, Mr. Ashish Bharat Ram, and SRF Middle East LLC, which holds 50.33% of the total equity capital.
Source: BSE
