The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jaspalsingh P Chandock & PACs
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Promoter Jaspalsingh P Chandock and his Persons Acting in Concert (PACs) — Trimaan Jaspalsingh Chandock and Jaikaran Jaspalsingh Chandock — have filed a disclosure under SEBI Takeover Regulations regarding an acquisition of 15,00,000 equity shares (about 1.26% of equity capital) via preferential allotment on 6th March 2026. All 15 lakh shares were allotted to Jaikaran Jaspalsingh Chandock, raising his individual stake from 0.86% to 2.11%. The total promoter group holding increased modestly from 53.17% to 53.76% of equity capital. The company's equity share capital expanded from 11.76 crore shares to 11.91 crore shares following the allotment.
This is a routine promoter-group strengthening event funded through preferential allotment, signaling the promoter's continued confidence and willingness to invest more capital into the company. Shareholders should note the modest increase in promoter holding and the resulting dilution of minority shareholders' stake, though promoter control remains firmly above 50%.