The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Charmy Jain
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Charmy Jain, a member of the promoter group of Indo-City Infotech Limited, acquired 3,920 equity shares (0.03% of the company's share capital) through an open market purchase on 18/06/2025. Her holding increased from 46,511 shares (0.45%) to 50,431 shares (0.48%) of the company. The total equity share capital of the company stands at 1,04,00,000 shares of Rs. 10 each. No encumbrance (pledge/lien) was involved in this transaction. The disclosure was filed under both SEBI Insider Trading Regulations and SEBI Takeover Regulations.
This is a small open-market purchase by a promoter group member, indicating modest insider confidence. The size of the acquisition (just 0.03%) is too small to materially influence stock price or signal any major change in promoter intent.