Promoter group entity Sethi Funds Management acquires 50,000 shares (0.04%) from open market

KCP Sugar informed the exchanges it received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

Tue 6 Oct 2026

Shares Acquired

50,000 equity shares = 0.04% of total issued and paid-up share capital, through the Open Market

Holding Before / After

15,01,500 shares (1.32%) to 15,51,500 shares (1.36%)

Total Equity Share Capital

11,33,85,050 equity shares of Re 1/- each

What the company informed the exchanges

KCP Sugar and Industries Corporation Ltd has told BSE (Scrip Code 533192) and NSE (Symbol KCPSUGIND) that it received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made by Sethi Funds Management Private Limited, which the update states belongs to the Promoter/Promoter group.

Who acquired, and how much

• Name of acquirer: Sethi Funds Management Private Limited.
• Shares acquired: 50,000 equity shares, representing 0.04% of the total issued and paid-up share capital of the company.
• Mode of acquisition: Open Market.
• The disclosure records 25,000 shares purchased on 22.09.2026 and 25,000 shares purchased on 30.09.2026.

Holding before and after

• Before the acquisition: 15,01,500 shares carrying voting rights, or 1.32% of total share/voting capital.
• After the acquisition: 15,51,500 shares carrying voting rights, or 1.36%.
• The table shows nil shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) held by the acquirer before and after the acquisition, and nil warrants or convertible securities.
• Equity share capital of the company, before and after the said acquisition: 11,33,85,050 equity shares of Re 1/- each.

How a retail investor might read this

This is a disclosure of purchases made in the open market by an entity the update describes as part of the promoter group. The stake change is small in percentage terms: the holding moves from 1.32% to 1.36%, a rise of 0.04 percentage points, on a total base of 11,33,85,050 equity shares of Re 1/- each. Because the acquirer is identified as a promoter group entity, an increase in holding is information investors often track, though the quantity here is a fraction of a percent of the company's share capital. The disclosure is a reporting requirement on the acquisition, and the update itself does not set out any view on the company's business, finances or outlook.

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