Ravindra Doshi Acquires 7.49% Stake in Kore Digital Limited through Share Gift Deed
Ravindra Doshi has increased his holdings in Kore Digital Limited following a share transfer executed via Gift Deed. The transaction, dated March 31, 2026, involved the transfer of shares from Chaitanya Doshi to Ravindra Doshi.The details of the acquisition show that 900,000 shares were acquired by the acquirer from Chaitanya Doshi at a price of NIL, as the transaction was conducted as an inter se transfer among immediate relatives via Gift Deed. This single acquisition accounts for 7.49% of Kore Digital Limited's diluted share capital.
The change in holdings significantly impacts the aggregate shareholding of Ravindra Doshi. Prior to the acquisition, Ravindra Doshi held 3,905,700 shares, representing 32.48% of the total share capital of the company. Following the transaction, his consolidated holding increased to 4,805,700 shares, which constitutes 39.97% of the total share capital.
The shareholding details before and after the acquisition are summarized below:
| Details | Pre-Transaction Holdings | Post-Transaction Holdings (Acquirer) |
|---|---|---|
| Shareholder | Chaitanya Doshi | Ravindra Doshi |
| Shares Held | 1,134,000 | N/A (Gifter Status) |
| Percentage of Total Capital | 9.43% | N/A |
| Acquisition Details | N/A | Acquired 900,000 shares at NIL price (7.49%) |
The transaction confirms the acquisition details for Ravindra Doshi, with Chaitanya Doshi noted as the transferor and the date of acquisition being March 31, 2026.
KDL Stock Price Movement
Shares of Kore Digital Limited slipped by 2.93% on Tuesday, closing at ₹113.10 after shedding ₹3.40 from the previous session's close. The stock traded a volume of 11,850 shares as the equity approached the day's low of ₹112.1.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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