Dr. Vikram V. Kamat and Group Parties Acquire Shares in Vikram Kamats Hospitality Limited
Dr. Vikram V. Kamat, along with several associated entities, executed a share acquisition in Vikram Kamats Hospitality Limited (formerly Vidli Restaurants Limited). The transaction involved a preferential allotment of shares, significantly increasing the group's total holding in the company.The Persons Acting in Concert (PACs) involved in the acquisition include Dr. Vidhi V. Kamat, Vits Hotels Worldwide Private Limited, and Kamats Worldwide Food Services Private Limited. Dr. Vikram V. Kamat is identified as a Promoter of the company.
The acquisition of shares was effected through a preferential allotment that took place on April 15, 2026.
Key Acquisition Details
The following table outlines the detailed holdings and the impact of the acquisition on the company's share capital:| Metric | Detail | Value |
|---|---|---|
| Target Company | Vikram Kamats Hospitality Limited (Formerly Vidli Restaurants Limited) | |
| Acquirer | Dr. Vikram V. Kamat | |
| Persons Acting in Concert (PAC) | Dr. Vidhi V. Kamat, Vits Hotels Worldwide Private Limited, Kamats Worldwide Food Services Private Limited | |
| Nature of Promoter | Yes - Promoter | |
| Mode of Acquisition | Preferential allotment | |
| Date of Transaction | April 15, 2026 |
Share Holding Changes:
The acquisition resulted in the following changes in the group’s stake:
| Holding Category | Before Acquisition | Acquired/Sold | After Acquisition |
|---|---|---|---|
| Shares Carrying Voting Rights | 14,20,541 | 1,20,000 | 15,40,541 |
| Warrants/Convertible Securities | 1,20,000 | NIL | 1,20,000 |
| Total Ownership Percentage (Diluted) | 7.79% | 0.66% | 8.46% |
The company’s equity share capital stands at Rs. 17,43,38,650/- divided into 1,74,33,865 Equity shares of face value of Rs. 10/- each. Prior to the acquisition, the total voting capital of the company was Rs. 18,19,91,900/- divided into 1,81,99,190 shares of face value of Rs. 10/- each. After the acquisition, the total diluted share/voting capital remains Rs. 18,19,91,900/- divided into 1,81,99,190 shares of face value of Rs. 10/- each.
Stock Price Movement
As of 10:15, shares of Vikram Kamats Hospitality Ltd are edging higher, currently trading at ₹49.95, up 0.40%. The stock has seen a wide fluctuation today, oscillating between an intraday low of ₹47.36 and a high of ₹52.23.Source:
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