The Promoter Group of Apeejay Surrendra Park Hotels Limited executed an on-market share acquisition on March 23, 2026. Acquirer Priya Paul purchased 28,875 fully paid-up equity shares, representing approximately 0.01353% of the total capital. This action resulted in the consolidated Promoter and Promoter Group holding increasing from 68.18649% to 68.20002% of the total share capital.
Details of Share Acquisition
An acquisition of shares was completed by Priya Paul, identified as a Promoter of Apeejay Surrendra Park Hotels Limited. The transaction, conducted via an on-market purchase on March 23, 2026, involved the acquisition of 28,875 fully paid-up equity shares. This quantum represents 0.01353% of the total capital of the Target Company (TC).
Pre and Post-Acquisition Holdings
This disclosure outlines the change in shareholding for the Acquirer (Priya Paul) and the wider Promoter Group, which includes several Persons Acting in Concert (PACs) such as Karan Paul and various Apeejay entities. Prior to the transaction, the shareholding of the Promoter and Promoter Group stood at 14,54,92,408 fully paid-up equity shares, representing 68.18649% of the total capital.
Following the acquisition, the consolidated shareholding increased to 14,55,21,283 fully paid-up equity shares, equating to 68.20002% of the total share capital. The Acquirer’s direct holding before the transaction was minimal at 18,200 shares (0.00853%), rising to 47,075 shares (0.02206%) after the purchase.
Total Capital Structure Context
The total equity share capital of the TC before the transaction was INR 21,33,74,246, divided into 21,33,74,246 fully paid-up equity shares of INR 1/- each. As the transaction involved an on-market purchase, the total share capital of Apeejay Surrendra Park Hotels Limited remained unchanged.
Promoter Group Membership Note
It is noted that the Acquirer (Priya Paul) is a member of the Promoter Group. A separate annexure lists 72 members of the Promoter Group who currently do not hold any shares in the Target Company.
Source: BSE
