Apeejay Surrendra Park Hotels Limited has disclosed an acquisition of equity shares by Mr. Karan Paul, identified as both a Director and a Promoter of the company. The transaction involved the purchase of 44,180 equity shares. This acquisition translates to an increased stake of 0.02071% in the total paid-up equity share capital of the company. The disclosure was made following the relevant regulations concerning insider trading, confirming the purchase executed on March 17 and 18, 2026.
Insider Trading Disclosure: Share Acquisition by Promoter
Apeejay Surrendra Park Hotels Limited has officially informed the stock exchanges regarding a change in the shareholding pattern involving a key insider. Mr. Karan Paul, who holds positions as both a Director and Promoter of the company, acquired additional securities in the entity.
Details of the Transaction
The disclosure, made under the necessary regulatory frameworks for insider trading, detailed the acquisition of 44,180 fully paid-up Equity Shares. The total value associated with these purchases amounted to ₹51,74,241.72 (combining the two separate transactions detailed in the annexure).
The total number of shares held by Mr. Paul post-acquisition now stands at 44,280 fully paid-up Equity Shares, representing approximately 0.0208% of the paid-up equity share capital.
Acquisition Breakdown
The acquisition occurred across two distinct transactions, both categorized as ‘Purchase’ on the On-Market segment of the exchange:
- Transaction 1: Acquisition of 18,070 shares on March 17, 2026, valued at ₹19,87,519.3.
- Transaction 2: Acquisition of 26,110 shares on March 18, 2026, valued at ₹29,86,722.9.
The entire transaction was executed on the NSE. The company secretary and compliance officer, Shalini Keshan, certified the disclosure on March 19, 2026.
Source: BSE
