NSEDisclosure under SEBI Takeover Regulations1d ago · 24 Sept 2026, 06:41 pm

Disclosure under SEBI Takeover Regulations

SRF Limited · SRF

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KAMA Realty (Delhi) Limited has acquired 32,00,000 equity shares of SRF Limited, representing approximately 1.08% of the paid-up equity share capital, from KAMA Holdings Limited through off-market inter-se transfers.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

KAMA Realty (Delhi) Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.

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KAMA REALTY (DELHI) LIMITED Regd. Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi- 110 091 CIN: U70101DL2007PLC160735, Tel. No: (+91-11) 49482870 , Fax No: (+91-11) 49482900 The Company Secretary BSE Limited National Stock Exchange of SRF Limited Phiroze Jeejeebhoy Towers India Limited Unit No. 236 & 237, DLF Dalal Street Mumbai-400001 Plot no. C/1, G Block, Bandra- Galleria Mayur Place, Noida Email: Kurla Complex, Bandra (E) Link Road, Mayur Vihar corp.relations@bseindia.com Mumbai-400051 Phase I Extn., Delhi-110091 Email-takeover@nse.co.in Email: cs@srf.com 24.09.2026 Dear Sir/ Madam, Sub: Intimation for acquisition of equity shares of SRF Limited (“Target Company”) under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 In compliance with Regulation 10(1)(a)(iii) read with Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we hereby submit the disclosure, enclosed as Annexure I, in respect of the acquisition of an aggregate of 32,00,000 equity shares, representing approximately 1.08% of the paid-up equity share capital of SRF Limited, from KAMA Holdings Limited ("Holding Company") through off-market inter-se transfers. The aforesaid acquisition is a inter-se transfer of 32,00,000 equity shares, aggregating approximately 1.08% of the paid-up equity share capital of SRF Limited from KAMA Holdings Limited (“the Holding Company”), in respect of which prior intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 was submitted on 9 September 2026. The aforesaid inter-se transfers have not resulted in any change in the control, management or ultimate beneficial ownership of SRF Limited. SRF Limited continues to remain a subsidiary of KAMA Holdings Limited, and the transaction does not alter the aggregate shareholding of the promoter and promoter group in SRF Limited. This is for your information and records. Thanking you, Yours faithfully, For KAMA Realty (Delhi) Limited Ekta Maheshwari Director Encl : A/a KAMA REALTY (DELHI) LIMITED Regd. Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi- 110 091 CIN: U70101DL2007PLC160735, Tel. No: (+91-11) 49482870 , Fax No: (+91-11) 49482900 Annexure-I Format for Disclosures under Regulation 10(6) - Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) SRF Limited 2. Name of the acquirer(s) KAMA Realty (Delhi) Limited 3. Name of the stock exchange where shares of the TC BSE Limited and National Stock exchange of India Limited are listed 4. Details of the transaction including rationale, if any, To create self-sustainable profitability and facilitate business for the transfer/ acquisition of shares growth for the Company. 5. Relevant regulation under which the acquirer is Regulation 10(1)(a)(iii) of SEBI SAST Regulations exempted from making open offer. 6. . Whether disclosure of proposed acquisition was required to be made under regulation 10 (5) and if - whether disclosure was made and whether it - Yes disclosure was made under Regulation 10(5) of was made within the timeline specified under the SEBI SAST within prescribed timelines regulations. - date of filing with the stock exchange. - 9th September 2026 7. Details of acquisition Disclosures required to be Whether the disclosures under made under regulation regulation 10(5) are actually 10(5) made a. Name of the transferor / seller KAMA Holdings Limited Yes b. Date of acquisition(s) 18/09/2026, 21/09/2026 - 23/09/2026 and 24/09/2026 c. Number of shares/ voting rights in respect of the 32,00,000 - acquisitions from each person mentioned in 7(a) above d. Total shares proposed to be acquired / actually 1.08% acquired as a % of diluted share capital of TC e. Price at which shares are proposed to be The average price is INR acquired / actually acquired 2,530.12 per share for acquisition completed in four tranches on the basis of pricing methodology agreed between the Transferor and Transferee pursuant to Share Purchase Agreement dated 09.09.2026 (Refer Annexure) 8. Shareholding details Pre-Transaction Post-Transaction No. of % w.r.t total No. of % w.r.t total shares held share shares held share capital of capital of TC Each Acquirer / Transferee- KAMA Realty 0 0 32,00,000 1.08% (Delhi) Limited Each Seller / Transferor-KAMA Holdings Limited 14,88,45,000 50.21% 14,56,45,000 49.13% For KAMA Realty (Delhi) Limited Ekta Maheshwari-Director Place: Gurugram Date: 24.09.2026 KAMA REALTY (DELHI) LIMITED Regd. Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi- 110 091 CIN: U70101DL2007PLC160735, Tel. No: (+91-11) 49482870 , Fax No: (+91-11) 49482900 Annexure Tranche-wise pricing details: Date Shares Price Value 18.09.2026 10,00,000 2536.00 253,60,00,000 21.09.2026 9,95,000 2512.00 249,94,40,000 23.09.2026 10,10,000 2538.30 256,36,83,000 24.09.2026 1,95,000 2550.00 49,72,50,000 Total 32,00,000 2530.12 809,63,73,000