Sethi Funds Acquires Shares of KCP Sugar and Industries Corporation Limited
Sethi Funds Management Private Limited has acquired equity shares in KCP Sugar and Industries Corporation Limited, reflecting changes in shareholding of the company. The acquisition details were disclosed alongside information regarding the acquirer's previous holdings in the stock.The transaction involved Sethi Funds acquiring 30,000 equity shares representing 0.03% of the total issued and paid-up share capital of KCP Sugar and Industries Corporation Limited. This purchase was conducted through the open market.
Transaction Details and Holdings
A review of the acquisition disclosures reveals comprehensive details regarding the shareholding and transaction structure for Sethi Funds Management Private Limited concerning KCP Sugar and Industries Corporation Limited.Sethi Funds, which is classified as a Promoter in this context, holds shares listed on BSE Limited and National Stock Exchange of India Limited.
The pre-acquisition holding status of Sethi Funds was detailed as follows:
| Parameter | Value |
|---|---|
| Shares carrying voting rights | 345,000 (0.30%) |
| Shares in the nature of encumbrance | - |
| Total shares pre-acquisition | 345,000 |
The acquisition activity details include:
| Parameter | Value |
|---|---|
| Shares carrying voting rights acquired | 30,000 (0.03%) |
| Mode of acquisition | Open Market |
| Total shares acquired | 30,000 |
Following the successful acquisition, the holding status for Sethi Funds was reported as:
| Parameter | Value |
|---|---|
| Shares carrying voting rights after acquisition | 375,000 (0.33%) |
| Total shares post-acquisition | 375,000 |
Timeline of Acquisitions
Details related to the acquisitions by Sethi Funds included multiple dates and quantities:| Dates of Acquisition / Sale | Quantity Acquired |
|---|---|
| June 4, 2026 | 20,000 shares |
| June 5, 2026 | 10,000 shares |
Before the acquisitions, KCP Sugar and Industries Corporation Limited had an equity share capital/total voting capital of 11,33,85.050 Equity shares of Re 1/- each. After these acquisitions, the total diluted share/voting capital stood at 11,33,85.050 Equity shares of Re 1/- each.
KCPSUGIND Stock Price Movement
KCP Sugar and Industries Corporation Limited shares slipped by 2.72% to settle at ₹23.20 today, closing down following market activity. The equity saw a total traded volume of 323,605 shares 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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