Tag
Rajesh Damani
5 articles
A significant shift in ownership has occurred at Jamshri Realty, as promoters Premratan and Bimladevi Damani gifted a substantial 62.89% stake to their son, Rajesh Damani. This off-market transfer, executed on September 18, 2026, allows Rajesh Damani to acquire significant control without triggering an open offer, leveraging an exemption under SEBI regulations. While the company's financial performance remains challenged, as evidenced by a modest ₹2.31 lacs net profit in Q2 FY27 and negative equity, the change in ownership structure could signal a potential strategic realignment or fresh impetus for the company's future direction. Investors should monitor whether this leadership transition translates into improved operational performance and value creation.
Jamshri Realty Q2 Net Profit at ₹2.31 Lacs
Jamshri Realty's Board approved Q2 FY27 unaudited financial results showing a net profit of ₹2.31 lacs.
Total income for Q2 was ₹220.30 lacs with significant finance costs of ₹83.96 lacs impacting pro
Jamshri Realty Promoter Gift Transfer 62.89% Stake
Jamshri Realty discloses acquisition of 62.89% equity shares by Rajesh Damani via gift from promoters.
Transaction involves 4,393,960 shares transferred without consideration under SEBI SAST Regulatio
Jamshri Realty Promoters Gift 62.89% Stake to Son
Rajesh Damani acquired 4,393,960 shares (62.89% stake) in Jamshri Realty via gift from promoters Premratan and Bimladevi Damani.
The off-market transfer, executed on 18/09/2026, was exempt from open o
Jamshri Realty Promoter Transfers 62.89% Stake via Gift
Jamshri Realty discloses SEBI Regulation 29 filings for Rajesh Damani's acquisition of 4,393,960 shares (62.89% stake) via gift from promoters.
The off-market transfer occurred on September 18, 2026 f
Jamshri Realty Promoters Gift 62.9% Stake
Jamshri Realty discloses inter-se transfer of 4.39 million shares (62.89% stake) from promoters to their son via gift.
The transaction, executed on September 18, 2026, is exempt from open offer under