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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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