Kamats Group Acquires Shares in Vikram Kamats Hospitality Limited
Kamats Worldwide Food Services Private Limited, a group entity, has executed a substantial acquisition of shares in Vikram Kamats Hospitality Limited. The transaction significantly increased the stake held by the group and its associated persons acting in concert.The acquisition details involve Kamats Worldwide Food Services Private Limited, along with persons acting in concert including Dr. Vikram V. Kamat, Dr. Vidhi V. Kamat, and Vits Hotels Worldwide Private Limited. The group is noted as being promoter group affiliated with the target company. The shares of Vikram Kamats Hospitality Limited are listed on the Bombay Stock Exchange Limited.
The details of the acquisition, which took place via a Preferential allotment on April 15, 2026, are as follows:
| Metric | Before Acquisition Holding | Details of Acquisition | After Acquisition Holding |
|---|---|---|---|
| Shares Carrying Voting Rights | 39,38,500 | 3,86,541 (representing 2.12% w.r.t. total share/voting capital) | 43,25,041 |
| Warrants/Convertible Securities | 3,86,541 | NIL | 3,86,541 |
| Total Shares Held | 43,25,041 | 3,86,541 | 43,25,041 |
| Total Diluted Capital | 21.59% | 2.12% | 23.77% |
In the sector's initial state, Vikram Kamats Hospitality Limited reported an equity share capital of Rs. 17,43,38,650/- divided into 1,74,33,865 Equity shares of face value of Rs. 10/- each.
Following the acquisition, the total equity share capital increased to Rs. 18,19,91,900/- divided into 1,81,99,190 Equity shares of face value of Rs. 10/- each. The total diluted share/voting capital of the target company after the acquisition is Rs. 18,19,91,900/-.
Stock Price Movement
As of 15:16, Vikram Kamats Hospitality Ltd shares are dipping to ₹48.06, marking a 3.07% decline in today's session. The stock's movement today was contained within a significant intraday range, fluctuating between ₹48.05 and ₹52.52.Source:
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