The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayanti Prime Software Advisory Pvt Ltd
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Jayanti Prime Software Advisory Pvt Ltd, part of the promoter group of Indian Infotech & Software Ltd, has disclosed acquisition of 9,00,00,000 (9 crore) equity shares through a Rights Issue allotment dated 5 September 2025. Before the allotment, the promoter entity held 2,04,05,500 shares (1.21% stake), and after the allotment, its holding stands at 11,04,05,500 shares (6.59%). The total paid-up capital of the company increased from Rs 1,26,70,42,770 to Rs 1,67,44,12,542 as a result of the rights issue. The acquisition was made through subscription to the company's rights issue, not via open market purchases.
The promoter group has strengthened its commitment by raising its stake from 1.21% to 6.59%, which is a positive signal of confidence in the company, though promoter holding remains well below the 50% majority threshold.