Disclosure received under Reg 7(2)(b) of SEBI (Prohibition Insider Trading) Regulations, 2015 by Devinsu Trading Limited
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Awaiting price reaction for this filing.
Devinsu Trading Limited has disclosed that it received Form C filings under SEBI (Prohibition of Insider Trading) Regulations from three promoters of the company on June 19-20, 2025. The promoters — Mrs. Sushma Jain, Mrs. Laxmi Jain, and Mr. Ankit Jain — all reported inter-se transfer of equity shares of the company by way of sale. This means shares were moved between members of the promoter/promoter group (essentially a Jain family reshuffle) rather than being sold to outside investors. Because the transfer is inter-se among promoters, the total promoter shareholding in the company remains unchanged even though individual promoter holdings may shift. The company filed this with BSE under Regulation 7(2)(b) on June 20, 2025.
No impact on overall promoter shareholding or stock price is expected since this is an internal reshuffle among promoter family members. Retail investors should note this is a regulatory compliance disclosure, not a change in promoter control or outside selling.