Kopran promoter group increases stake through off-market acquisition

Varun Somani and other members of Kopran Limited's promoter group have disclosed an acquisition of shares, altering their collective holding. The transaction, conducted off-market, saw the promoter group's total voting rights increase from 22.81% to 26.36%.

Specifically, Varun Somani acquired 920,450 shares, bringing his individual holding to 1,454,950 shares or 3.01% of the total voting capital (3.57% diluted). Vandana Somani added 272,000 shares, increasing her stake to 964,650 shares (2.00% voting capital), while Surendra Somani acquired 517,900 shares, resulting in a total of 927,975 shares (1.92% voting capital).

The acquisition involved a total of 1,710,350 shares, representing 3.54% of the company's voting capital. Post-acquisition, the total shareholding of the promoter group, including entities like Oriental Enterprises Partnership Firm and Panorama Finvest Private Ltd., stands at 12,726,385 shares. Kopran's equity share capital remains INR 48.28 Cr both before and after the acquisition.