Announced Tue, 11 Nov · 12:05 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Rajendra Prasad Agarwal

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Amit Rajendra Prasad Agarwal, who is not part of the promoter/promoter group, bought 2,01,600 shares of AJC Jewel Manufacturers Ltd on 4 November 2025 through open market purchases at BSE. This acquisition represents 3.37% of the company's total share capital. His holding in the company has increased from 2,21,000 shares (3.69%) to 4,22,600 shares (7.06%), crossing the 5% disclosure threshold under SEBI SAST Regulations. The company has a total equity share capital of 59,84,360 shares of Rs.10 each.

Likely market impact

This is a non-promoter, open market purchase that signals growing interest from a non-promoter investor, taking their stake to 7.06% — close to the 10% creeping acquisition limit. Further buying beyond 10% would trigger a mandatory open offer to all shareholders.