Apeejay Surrendra Park Hotels announced a material acquisition of company shares by a key insider. Mr. Karan Paul, a Director and Promoter, purchased 19,340 equity shares on March 24, 2026. This transaction increased his stake to represent 0.04249% of the total paid-up equity share capital. The acquisition was executed via an On-Market purchase on the NSE.
Insider Share Acquisition Disclosure
Apeejay Surrendra Park Hotels Limited has filed a mandatory disclosure detailing a change in shareholding by a Promoter and Director. The transaction involves Mr. Karan Paul, who is both a Director and a Promoter of the Company.
Details of Share Purchase
Mr. Paul acquired a total of 19,340 fully paid-up Equity Shares through an On-Market transaction executed on March 24, 2026. The purchase price for the transaction, which was carried out on the NSE, resulted in a total consideration value of ₹1,992,020.
Resulting Shareholding Post-Acquisition
Prior to this acquisition, Mr. Paul held 71,322 equity shares, representing 0.03343% of the company’s paid-up equity capital. Following the purchase of 19,340 shares, his total holding increased to 90,662 equity shares. This new holding now accounts for 0.04249% of the total paid-up equity share capital of Apeejay Surrendra Park Hotels Limited.
The disclosure confirms that the transaction was a purchase of Equity Shares and was formally intimated to the company on March 24, 2026.
Source: BSE