Karan Paul, a Promoter of Apeejay Surrendra Park Hotels Limited, executed on-market purchases acquiring a total of 27,042 fully paid-up equity shares between March 19 and March 20, 2026. This acquisition increased his individual holding from 0.02075% to 0.03343% of the total voting capital. The overall consolidated shareholding of the Promoter and Promoter Group, including Persons Acting in Concert (PACs), saw a marginal rise to 68.18649%.
Details of Individual Acquisition by Promoter
This disclosure concerns the acquisition of voting rights by Mr. Karan Paul, identified as an Acquirer and Promoter of Apeejay Surrendra Park Hotels Limited (“Company”).
Acquirer and Persons Acting in Concert (PACs)
- Acquirer: Karan Paul (Promoter)
- Persons Acting in Concert (PACs): The filing lists several entities and individuals associated with the Promoter Group, including Priya Paul, Apeejay Surrendra Trust, Great Eastern Stores Private Limited, and various Apeejay Private and Limited entities.
Shareholding Before Acquisition
Prior to the transaction under consideration, the holding of the Acquirer (Karan Paul) was:
- Shares Carrying Voting Rights: 44,280 fully paid-up equity shares, representing 0.02075% of the total capital.
- All other categories, including encumbrances and warrants, were reported as NA.
Transaction Summary: Acquisition Details
The transaction involved the purchase of shares by Karan Paul through on-market purchases.
The acquisition details are as follows:
- Shares Acquired: 27,042 fully paid-up equity shares.
- Percentage Acquired (w.r.t. total capital): 0.01267%.
- The acquisition total (a+b+c+/-d) was exactly 27,042 shares.
Transaction Dates
The acquisition occurred over two days:
- March 19, 2026: 17,830 equity shares were acquired.
- March 20, 2026: 9,212 equity shares were acquired.
Shareholding Post-Acquisition
Following the acquisition, the shareholding of Karan Paul is:
- Shares Carrying Voting Rights: 71,322 fully paid-up equity shares.
- Percentage Post-Acquisition: 0.03343% of the total share capital.
Consolidated Promoter Group Shareholding Update
The disclosure also provides the consolidated figures for the entire Promoter and Promoter Group (Acquirer + PACs).
- Pre-acquisition Holding: 14,54,65,366 fully paid-up equity shares, representing 68.17382% of the total share capital.
- Post-acquisition Holding: 14,54,92,408 fully paid-up equity shares, representing 68.18649% of the total share capital.
Capital Structure Context
The equity share capital before and after the transaction remained constant at INR 21,33,74,246, divided into 21,33,74,246 fully paid-up equity shares of INR 1/- each. The filing confirms that because the transaction was an on-market purchase, there was no change in the total share capital.
The disclosure was authorized by Karan Paul on March 20, 2026.
Source: BSE
