Pre-acquisition Holding: 4,46,110 equity shares (4.87% of total capital)
Post-acquisition Holding: 4,96,110 equity shares (5.41% of total capital)
Total Paid-up Equity Share Capital: 91,64,400 equity shares of ₹10 each
Pre-acquisition Promoter Group Holding: 34,76,405 shares (37.94% of total capital)
Post-acquisition Promoter Group Holding: 35,26,405 shares (38.48% of total capital)
Dates of Action
Transaction Date: August 11, 2026
Disclosure Date: August 11, 2026
Parties Involved
Acquirer: Mr. Piyush Jain (Promoter/Promoter Group)
Persons Acting in Concert (PAC): Sanjay Jain, Suresh Chander Jain and Sons HUF, Sanjay Jain And Sons HUF, Pooja Jain, Pratyaksh Jain, Ruchi Jain, Nirmal Jain
Stock Exchange: BSE Limited
Transaction Details
Method of Acquisition: Open market purchase
Share Price: Approximately ₹16 per share (calculated from transaction value of ₹8,00,000 for 50,000 shares)
No shares are encumbered (pledge/lien/non-disposal undertaking/others)
No warrants/convertible securities or other instruments entitling to receive shares carrying voting rights
Capital Structure Impact
The acquisition resulted in an increase of promoter group holding from 37.94% to 38.48%
The total paid-up equity share capital remains unchanged at 91,64,400 equity shares of ₹10 each
No dilution effect as the shares were acquired from the open market
Additional Notes
The acquisition was made by Mr. Piyush Jain in his capacity as a Promoter and PAC member
The total share capital/voting capital has been taken as per the latest filing made by the target company with the Stock Exchange under Regulation 31 of SEBI LODR Regulations, 2015
The disclosure includes detailed breakdown of PAC holdings both before and after the acquisition
