The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akshat Jain & Niharika Jain
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Awaiting price reaction for this filing.
Akshat Jain, who is NOT part of the promoter/promoter group, sold 3,350 equity shares (1.40% of total capital) of E&E Enterprises Limited in the open market on 2nd March 2026. His individual holding fell from 5.55% (13,314 shares) to 4.15% (9,964 shares). Niharika Jain, a Person Acting in Concert (PAC) with the seller, simultaneously acquired an equivalent 3,350 shares, with her stake rising from 3.75% to 5.15%. The combined holding of both individuals remains unchanged at 9.30% of the company, indicating an inter-se transfer between PACs. E&E Enterprises is a micro-cap company with a total equity base of just 2,40,000 shares of Rs. 10 each.
Since the seller is explicitly not a promoter, this disclosure is procedural and unlikely to impact share price or corporate governance. The inter-se transfer between PACs keeps the combined stake flat at 9.30%, so there is no change in effective control or voting influence.