Sethi Funds Acquires 1,10,000 Shares in KCP Sugar and Industries Corporation
Sethi Funds Management Private Limited has acquired equity shares in KCP Sugar and Industries Corporation Limited from the open market. The acquisition saw Sethi Funds purchase 1,10,000 equity shares, representing 0.10% of the total issued and paid-up share capital of the company.The transaction was carried out by Sethi Funds Management Private Limited, a promoter group member, indicating an increase in its stake in KCP Sugar and Industries Corporation Limited. The acquisition details confirm that Sethi Funds entered the deal through the Open Market mode of acquisition.
Transaction Details and Shareholding Change
Prior to this acquisition, the shares held by Sethi Funds were 3,75,000, representing 0.33% of the total issued and paid-up share capital. Following the purchase of 1,10,000 shares, the combined holding increased to 4,85,000, which constitutes 0.43% of the company's capital.The overall equity share capital of KCP Sugar and Industries Corporation Limited remained stable at 11,33,85,050 Equity shares of Re 1- each both before and after the acquisition.
A summary of the change in holdings is provided below:
| Metric | Before Acquisition | Shares Acquired/Sold | After Acquisition |
|---|---|---|---|
| Total Shares Held by Acquirer (Sethi Funds) | 3,75,000 (0.33%) | 1,10,000 (0.10%) | 4,85,000 (0.43%) |
This acquisition comes from a series of purchases made over several days in June 2026, with the stock purchased across various dates including June 8th, June 9th, June 10th, June 11th, and June 12th.
KCPSUGIND Stock Price Movement
KCP Sugar and Industries Corporation Limited slipped by 1.3% to settle at ₹22.63 today after the close of trading. The stock traded within an intraday range of ₹22.45 and ₹23.19, with 267,791 shares exchanged during the session.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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