The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayshreeben Mehta & PACs
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On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoters Jayshreeben Ajitbhai Mehta and Ajit Champaklal Mehta each sold 3,01,14,750 shares (0.86% each) to Infinium Motors Private Limited, another promoter group entity, via an off-market inter-se transfer on March 18, 2026. The individual promoters' stakes fell from 4.31% to 3.45% each, while Infinium Motors' holding rose from 7.63% to 9.35%. Importantly, the total promoter and promoter group holding in the company remained unchanged at 95,40,10,982 shares (27.29% of voting capital), confirming this is purely an internal reshuffle within the promoter family with no impact on overall promoter control.
No change in total promoter ownership or voting power, so this is essentially a bookkeeping reshuffle and should not affect minority shareholders or stock price. Investors should note that promoter holdings are being consolidated under the Infinium Motors entity, which marginally changes the identity of the direct holder but not the beneficial ownership.