BSEInsider Trading / SAST1d ago · 4 Sept 2026, 02:54 pm

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navin Chand Suchanti & PACs

Sinclairs Hotels Ltd-$ · 523023

✦ AI SummaryPromoter Reclassif.

Sinclairs Hotels Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a change in promoter holding. Navin Chand Suchanti and his family members have acquired additional shares, increasing their combined holding to 64.36%.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern6/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Sinclairs Hotels Ltd-$ - 523023 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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NAVIN CHAND SUCHANTI Flat 8B, 8th Floor 8 Alipore Park Place Kolkata- 700027 September 4, 2026 The Manager The Manager BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, P. J. Towers, Bandra (E), Mumbai - 400 051 Dalal Street Mumbai - 400 001 Symbol - SINCLAIR BSE Scrip Code: 523023 The Secretary Company Secretary and Compliance Officer The Calcutta Stock Exchange Ltd Sinclairs Hotels Limited 7, Lyons Range 147, Block G, New Alipore Kolkata 700 001 Kolkata 700053 CSE Scrip Code: 029074 Dear Sir, Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Please find enclosed the Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for your information and record. Thanking you, Yours faithfully, Navin Chand Suchanti Encl: as above Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Sinclairs Hotels Limited Name(s) of the acquirer / seller and Persons Acting in Concert Acquirer: (PAC) with the acquirer / seller 1. Navin Chand Suchanti PACs 2. Niren Chand Suchanti 3. Pramina Suchanti 4. Preeti Suchanti Khicha 5. Pooja Suchanti Shah 6. Sara Suchanti 7. Pressman Properties Private Limited 8. Pressman Realty Private Limited Whether the acquirer / seller belongs to Promoter/Promoter Yes (Promoter) Group Name(s) of the Stock Exchange(s) where the shares of TC are 1. BSE Limited, Listed 2. National Stock Exchange of India Limited 3. The Calcutta Stock Exchange Ltd Details of the acquisition / disposal as follows Number % w.r.t. total % w.r.t. share/voting total diluted capital share/voting wherever capital of applicable (*) the TC (**) Before the acquisition / disposal under consideration, holding a) Shares carrying voting rights Navin Chand Suchanti 3727014 7.26 7.26 Niren Chand Suchanti 12215498 23.83 23.83 Pramina Suchanti 7144066 13.94 13.94 Preeti Suchanti Khicha 2294114 4.47 4.47 Pooja Suchanti Shah 2294114 4.47 4.47 Sara Suchanti 2294114 4.48 4.48 Pressman Properties Private Limited 2514350 4.91 4.91 Pressman Realty Private Limited 492178 0.96 0.96 b) Shares in the nature of encumbrance (pledge/ lien/non- - - - disposal undertaking/ others) c) Voting rights (VR) otherwise than by equity shares - - - d)Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting - - - rights in the TC (specify holding in each category) e) Total (a+b+c+d) 32975448 64.32 64.32 Details of acquisition / sale a) Shares carrying voting rights acquired / sold Navin Chand Suchanti 17860 0.04 0.04 b) VRs acquired /sold otherwise than by shares - - - c) Warrants/convertible securities/any other instrument that - - - entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released by the acquirer. - - - e) Total (a+b+c+/-d) 17860 0.04 0.04 After the acquisition / sale, holding of: a) Shares carrying voting rights Navin Chand Suchanti 3744874 7.30 7.30 Niren Chand Suchanti 12215498 23.83 23.83 Pramina Suchanti 7144066 13.94 13.94 Preeti Suchanti Khicha 2294114 4.47 4.47 Pooja Suchanti Shah 2294114 4.47 4.47 Sara Suchanti 2294114 4.48 4.48 Pressman Properties Private Limited 2514350 4.91 4.91 Pressman Realty Private Limited 492178 0.96 0.96 b) Shares encumbered with the acquirer - - - c) VRs otherwise than by equity shares - - - d) Warrants/convertible securities/any other instrument that - - - entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 32993308 64.36 64.36 Mode of acquisition / sale (e.g. open market / off-market / Open Market public issue /rights issue /preferential allotment / inter-se transfer etc.) Date of acquisition / sale of shares/ VR or date of receipt of 02.09.2026 and 03.09.2026 intimation of allotment of shares, whichever is applicable Equity share capital/ total voting capital of the TC before the 5,12,60,000 equity shares of Rs.2 each i.e. Rs. said acquisition/sale 102520000 Equity share capital/ total voting capital of the TC after the 5,12,60,000 equity shares of Rs.2 each i.e. Rs. said acquisition/sale 102520000 Total diluted share/voting capital of the TC after the said 5,12,60,000 equity shares of Rs.2 each i.e. Rs. acquisition/sale 102520000 Note: (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Navin Chand Suchanti Place: Kolkata Date: 04.09.2026