Sethi Funds Acquires Shares of KCP Sugar and Industries Corporation Ltd., Raising Stake to 0.43%
Sethi Funds Management Private Limited has acquired equity shares in K.C.P. Sugar and Industries Corporation Ltd. through the open market, increasing its stake in the company. The acquisition saw the entity secure 1,10,000 shares, moving its holding from 0.33% to 0.43% of the total issued and paid-up share capital.The acquisition was conducted by Sethi Funds Management Private Limited, with K.C.P. Sugar and Industries Corporation Ltd. also involved in the transaction as a promoter group entity. The purchase represented 0.10% of the target company’s issued and paid-up share capital.
Transaction Details and Shareholding Status
The details regarding the acquisition and subsequent shareholder holding are summarized below:| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares carrying voting rights (Acquirer) | 3,75,000 shares (0.33%) | 4,85,000 shares (0.43%) |
| Shares acquired through the Open Market | N/A | 1,10,000 shares (0.10%) |
The transaction involved multiple dates between June 8 and June 12, 2026, as Sethi Funds made purchases totaling 1,10,000 shares during this period.
Company Financial Capital Snapshot
KCP Sugar and Industries Corporation Ltd. maintains a substantial share capital base across its listings on the BSE Limited and National Stock Exchange of India Limited. The total equity share capital, both before and after the recent acquisition, stands at 11,33,85,050 shares of Re 1/- each.INNOMET Stock Price Movement
Innomet Advanced Materials Limited saw its shares tumble today, finishing the session down 2.83% to settle at ₹106.60. The stock traded a total of 27,000 shares during the day.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.