Jamshri Realty Limited has filed disclosures with Bombay Stock Exchange Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulations 29(1) and 29(2).
The disclosure pertains to the acquisition of 4,393,960 equity shares (representing 62.89% of total share capital) by Mr. Rajesh Damani, Joint Managing Director and acquirer, from promoters through off-market transfer without consideration by way of gift.
Transaction Details
- Date of Acquisition: 18 September 2026
- Transferor Details:
- Premratan Damani (Promoter) transferred 1,294,600 shares (44.36% holding)
- Bimladevi Damani transferred 3,099,360 shares (18.53% holding)
- Transferee: Rajesh Damani (Immediate Relative of the promoter)
- Total Shares Acquired: 4,393,960 equity shares
- Percentage of Total Capital: 62.89%
- Mode of Acquisition: Off-market inter-se transfer between promoter group by way of gift without any consideration
- Exemption Claimed: Regulation 10(1)(a)(i) of SEBI SAST Regulations (transfer between promoter and immediate relative)
Share Capital Structure
- Pre-acquisition Share Capital: ₹6,98,65,000 (6,986,500 equity shares of ₹10 each)
- Post-acquisition Share Capital: ₹6,98,65,000 (6,986,500 equity shares of ₹10 each)
- Total Diluted Share Capital: ₹6,98,65,000 (6,986,500 equity shares of ₹10 each)
- No change in total share capital as this is a transfer of existing shares
Acquirer Details
- Name: Rajesh Premratan Damani
- PAN: AAAPD4715D
- Status: Belongs to Promoter Group
- Previous Holding: Nil shares, voting rights, warrants, convertible securities, or encumbered shares
- Post-acquisition Holding: 4,393,960 shares carrying voting rights (62.89% of total capital)
- No encumbrances created on the acquired shares
Financial Impact
No financial impact quantified as the transaction was executed without consideration by way of gift. The transaction does not affect the company's share capital structure or financial position.