AFILBSEAkme Fintrade (India) LtdHighNegative
Announced Mon, 9 Jun · 18:15 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jenisha Jain

Ownership Changes View source PDF

AFIL · price

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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

Jenisha Jain, a member of the promoter group of Akme Fintrade (India) Ltd, sold 15,85,000 equity shares through the open market on June 6, 2025. Her holding in the company dropped from 71,49,200 shares (1.68%) to 55,64,200 shares (1.30%), a reduction of 0.38 percentage points. The transaction was disclosed to BSE and NSE under Regulation 29(2) of SEBI's Takeover Regulations. The shares were sold through normal market trading, not as a block deal or preferential transaction.

Likely market impact

A promoter group member trimming holdings can be seen as a mildly negative signal by retail investors, though the size of the sale is relatively small (0.37% of equity). Shareholders should monitor whether further promoter sales follow and check post-deal promoter holding levels.