KCD Industries announced a significant change in its shareholding.

A total of 5,284,286 equity shares were acquired by six individuals through off-market transactions from the company's promoter.

Akash Tarunkumar Shah purchased the largest block of 2,781,736 shares, representing 11% of the company's capital.

Five other individuals, namely Sarojben Nareshkumar Shah, Mona Rajesh Doshi, Tvisha Rajesh Doshi, Alka Mukesh Shah, and Tapankumar Jayantibhai Jogani, each acquired 500,510 shares, accounting for 1.98% each.

This transfer from the promoter group to new non-promoter shareholders indicates a notable shift in the company's ownership dynamics.