Kore Foods Limited, a prominent player in the food and beverages sector, has recently made a significant filing with the Bombay Stock Exchange (BSE), disclosing an acquisition of equity shares under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing was made in compliance with Regulation 7(2) of the SEBI (PIT) Regulations, which mandates the disclosure of securities transactions by designated persons, promoters, and members of the promoter group.

Background of the Disclosure

On March 24, 2025, Kore Foods Limited filed the necessary Form C under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure details the acquisition of equity shares by an acquirer and complies with the continual disclosure requirements specified under Regulation 6(2) of the same regulations. This filing ensures that the company adheres to the regulations related to insider trading and securities market transparency.

Details of the Transaction

According to the filed Form C, the acquirer has acquired equity shares of Kore Foods Limited in an off-market transaction, and the details of the transaction are as follows:

• Securities Acquired: Equity Shares

• Transaction Mode: Off-market

• Date of Acquisition: March 21, 2025

• Number of Shares Acquired: 14,002 shares

• Percentage of Shareholding: 40.2%

• Value of Transaction: As per the Share Purchase Agreement (SPA)

• Exchange: BSE Limited

This disclosure is a part of Kore Foods' commitment to transparency and to keeping its stakeholders informed about significant developments in the company. By submitting the required SEBI disclosures, the company ensures that all transactions are compliant with the insider trading regulations designed to maintain fairness in the securities markets.

Regulatory Compliance

The disclosure is in line with the Prohibition of Insider Trading regulations set forth by SEBI, which require all designated persons, including promoters, directors, and other key individuals, to disclose any transactions related to securities of the company. This continuous disclosure helps prevent any unfair advantage gained from material non-public information and ensures that the investing public has access to the same information at the same time.

Securities and Trading Information

The filing also contains relevant information regarding securities acquired, including equity shares and any other details related to the transaction that are necessary to meet the SEBI guidelines. The company’s management is committed to complying with the insider trading regulations and ensuring corporate governance standards are upheld.

Conclusion and Future Actions

Kore Foods Limited will continue to uphold the highest standards of corporate governance and regulatory compliance. The company remains committed to ensuring that all transactions are transparent and conducted in accordance with the law. This filing serves as a vital step in demonstrating the company's commitment to fair trading practices and to keeping the market participants well-informed.

The company also assured its shareholders and the public that it will continue to make any future disclosures as required under SEBI regulations, keeping all stakeholders updated on important matters concerning the company’s operations and governance.

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