Indoco Remedies: Kare Family Trust to Acquire Shares from Promoter

Aditi Milind Panandikar, a promoter of Indoco Remedies Limited, has informed the stock exchanges about the proposed acquisition of shares by the Kare Family Private Trust (KFPT). KFPT, where Aditi Mil...

Aditi Milind Panandikar, a promoter of Indoco Remedies Limited, has informed the stock exchanges about the proposed acquisition of shares by the Kare Family Private Trust (KFPT). KFPT, where Aditi Milind Panandikar and Madhura Suresh Kare are trustees, will acquire shares of Indoco Remedies Limited. The acquisition involves KFPT directly acquiring 55,34,874 equity shares from Aruna Suresh Kare, representing 6% of the target company's total share capital. Additionally, KFPT will indirectly acquire stakes through promoter companies Shanteri Investment Private Limited (SIPL) and SPA Holdings Private Limited (SHPL). Specifically, KFPT will acquire a 40% stake in SIPL and a 20.16% stake in SHPL, both from Aruna Suresh Kare. These indirect acquisitions will increase KFPT's overall holding in Indoco Remedies Limited. The proposed acquisition is scheduled to occur on or after December 25th, 2025. The transaction is described as a private transfer and a family arrangement aimed at smooth succession planning and streamlining family assets and businesses. As it is an inter-se transfer among family members with no consideration involved, it is exempt from making an open offer under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms compliance with relevant SEBI regulations.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Indoco Remedies Limited in the news today?

Indoco Remedies Limited (INDOCO) is in the news due to the announcement details a proposed share acquisition within a promoter group for succession planning. it is an inter-se transfer with no change in control or open offer requirement, hence it is considered neutral.

Substantial Acquisition of Shares and TakeoversMajor Shareholder DisclosuresOther Regulatory Filings
Indoco Remedies LimitedINDOCOhttps://prysm.fi/v2/analyze/INDOCO

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Indoco Remedies: Kare Family Trust to Acquire Shares from Promoter

December 18, 2025, 07:07 AM

AI Sentiment Analysis

Aditi Milind Panandikar, a promoter of Indoco Remedies Limited, has informed the stock exchanges about the proposed acquisition of shares by the Kare Family Private Trust (KFPT). KFPT, where Aditi Milind Panandikar and Madhura Suresh Kare are trustees, will acquire shares of Indoco Remedies Limited.

The acquisition involves KFPT directly acquiring 55,34,874 equity shares from Aruna Suresh Kare, representing 6% of the target company's total share capital. Additionally, KFPT will indirectly acquire stakes through promoter companies Shanteri Investment Private Limited (SIPL) and SPA Holdings Private Limited (SHPL).

Specifically, KFPT will acquire a 40% stake in SIPL and a 20.16% stake in SHPL, both from Aruna Suresh Kare. These indirect acquisitions will increase KFPT's overall holding in Indoco Remedies Limited. The proposed acquisition is scheduled to occur on or after December 25th, 2025.

The transaction is described as a private transfer and a family arrangement aimed at smooth succession planning and streamlining family assets and businesses. As it is an inter-se transfer among family members with no consideration involved, it is exempt from making an open offer under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms compliance with relevant SEBI regulations.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained - “Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

Top Queries to Ask About Indoco Remedies Limited

More News on Indoco Remedies Limited

Discover more trending news on Prysm

View All