Kolte-Patil Developers: Ms. Priyanjali Naresh Patil acquires 2.15% stake via inter-se gift transfer
Ms. Priyanjali Naresh Patil acquired 19,02,645 shares (2.15% stake) in Kolte-Patil Developers from Mrs. Vandana Naresh Patil via an inter-se gift transfer, increasing her holding to 3.27%.
The transfer is an internal restructuring of shareholding within the existing promoter group and does not involve a change in control or significant impact on the company's business operations, financial position, or public float.
The announcement details an inter-se transfer of shares within the promoter group by way of a gift. This internal transaction does not affect the company's fundamentals, public shareholding, or operational outlook.
* Ms. Priyanjali Naresh Patil acquired 19,02,645 shares of Kolte-Patil Developers Limited, representing 2.15% of the diluted share capital. * The shares were acquired from Mrs. Vandana Naresh Patil through an inter-se transfer by way of Gift, exempted under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. * Pre-transaction, Ms. Priyanjali Patil held 999,500 shares (1.12%), which increased to 29,02,145 shares (3.27%) post-transaction. * Mrs. Vandana Naresh Patil's shareholding decreased from 57,95,313 shares (6.54%) to 29,02,146 shares (3.27%) after this and another simultaneous inter-se transfer to an immediate relative. * The acquisition date was 14 November 2025.
What to do with a filing like this
Kolte - Patil Developers Limited filed this with the NSE as a statutory disclosure, categorised under substantial acquisition of shares and takeovers. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Kolte - Patil Developers Limited. Read the original for the full detail.