HP Cotton Textile Mills Ltd
🔍 HP Cotton Textile Mills: Promoter to Increase Stake to 35.35% via Family Agreement
- Kailash Kumar Agarwal (promoter) acquiring 2,02,466 shares (5.16%) via off-market transfer under family agreements dated 14.03.2019 & 12.02.2020.
- Post-acquisition, his stake rises from 30.19% to 35.35% (13,86,400 shares total).
- Promoter group ownership unchanged at 64.90%.
- Agarwal holds majority in PAC entities: Jainish Products Ltd (89.28%) & Sailesh Textile (80.15%).
- No share encumbrances declared by promoters in FY 2022-23, 2024-25, or 2025-26.
- Previous 2024 inter-se transfers: 1,33,250 shares (3.40%) & 3,70,626 shares (9.45%) acquired.