Karan Paul Increases Stake in Apeejay Surrendra Park Hotels Ltd.
Apeejay Surrendra Park Hotels Ltd. announced that Karan Paul, along with Priya Paul and other entities, has increased their stake in the company through on-market purchases.According to filings on March 24, 2026, with the BSE Limited and the National Stock Exchange of India Limited, Karan Paul acquired 19,340 fully paid-up equity shares, representing 0.00906% of the company's total share capital. This acquisition brings Karan Paul's total holding to 90,662 fully paid-up equity shares, constituting 0.04249% of the company’s total share capital.
Prior to the acquisition, the Promoter and Promoter Group collectively held 14,55,21,283 fully paid-up equity shares, representing 68.20002% of the total share capital.
The total equity share capital of Apeejay Surrendra Park Hotels Limited stands at INR 21,33,74,246 divided into 21,33,74,246 fully paid-up equity shares of INR 1/- each. The on-market purchases did not affect the total share capital.
The acquirer and persons acting in concert include Priya Paul, Apeejay Surrendra Trust, and Great Eastern Stores Private Limited. A complete list of members of the Promoter Group who do not hold shares in the Target Company can be found in Annexure A.
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