Navin Chand Suchanti Increases Stake in Sinclairs Hotels Ltd Through Open Market Purchase
Navin Chand Suchanti's holding in Sinclairs Hotels Limited saw a marginal increase following an acquisition conducted through the open market. The purchase, which occurred between June 2 and June 3, 2026, further cemented the stake held by the promoter group member.The transaction reflects the open market acquisition of shares by Navin Chand Suchanti in Sinclairs Hotels Limited. Before this purchase, his total holding stood at 3,368,211 shares, representing 6.57% of the company's voting capital as listed on the exchanges.
As a result of the acquisition totaling 42,614 shares, Navin Chand Suchanti's post-acquisition shareholding increased to 3,410,825. This places his stake at 6.65% of the total diluted share capital of Sinclairs Hotels Limited.
The following table summarizes the key details of the shareholder and the change in holding:
| Stakeholder | Before Acquisition (Shares) | Before Acquisition (% Holding) | After Acquisition (Shares) | After Acquisition (% Holding) |
|---|---|---|---|---|
| Navin Chand Suchanti | 3,368,211 | 6.57% | 3,410,825 | 6.65% |
The promoter group, which includes Sinclairs Hotels Limited and its associated individuals, maintains a significant stake in the company. The total equity share capital of Sinclairs Hotels Ltd remains 5,12,60,000 shares of Rs.2 each, amounting to Rs. 102,520,000, both before and after this acquisition.
SINCLAIR Stock Price Movement
Shares of Sinclairs Hotels Limited are slipping as of 1:22 PM, trading down 0.19% in live market action and currently priced at ₹74.10. The stock is carving out a narrow intraday range after hitting a low of ₹73.44 earlier today, with 121,121 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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