BSEInsider Trading / SAST2h ago · 31 Aug 2026, 11:44 am
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
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Navin Chand Suchanti and his associated parties have acquired a total of 145,991 shares of Sinclairs Hotels Ltd, increasing their combined stake to 64.29%.
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Full Announcement
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
August 29, 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
3565505 6.95 6.95
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) 32813939 64.01 64.01
Details of acquisition / sale
a) Shares carrying voting rights acquired / sold
Navin Chand Suchanti 145991 0.28 0.28
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) 145991 0.28 0.28
After the acquisition / sale, holding of:
a) Shares carrying voting rights
Navin Chand Suchanti 3711496 7.23 7.23
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) 32959930 64.29 64.29
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 27.08.2026 to 28.08.2026
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: 29.08.2026