The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhusudan Jain
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Madhusudan Jain, a non-promoter/public shareholder of D & H India Ltd, acquired 10,000 equity shares through open market purchase on BSE on 08/04/2026. The acquisition increased his holding from 75,651 shares (0.74%) to 85,651 shares (0.84%) of the company's total equity capital of 1,02,35,000 shares. This is a voluntary disclosure filed under Regulation 29(2). Importantly, Jain was reclassified from promoter to public shareholder in February 2023, as confirmed in the filing. The acquisition represents a relatively small stake purchase in the secondary market.
This is a routine open market purchase by a non-promoter shareholder and unlikely to have any material impact on the stock. The stake remains well below any regulatory threshold.