Red Tape Shares Soar 4% on KKR Stake Sale Talks, Reversing Year-Long Decline

• Red Tape shares surged 4% to cross ₹120 after Reuters reported founders are in talks with KKR for a potential stake sale.
• The news, breaking late in the trading day, triggered heavy buying and a strong rally, increasing market cap to ₹6,600 crore.
• This surge offers relief to investors as the stock had fallen 33% over the past year.
• A potential deal with KKR could bring strong capital support, business expansion, and global brand positioning.
• Promoters hold 71.8% stake, FIIs 3.84%, and DIIs 10.77% as of September 2025, with investors keen on recent FII/DII activity.

Why It Matters: Red Tape shares rallied sharply on news of potential KKR stake talks, signaling a possible turnaround.