The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vikas Jain HUF
INA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vikas Jain HUF, part of the promoter group of Insolation Energy Ltd, purchased 3,000 equity shares of the company in the open market on BSE SME on 11 September 2025 for a total consideration of Rs. 5,84,000 (approximately Rs. 195 per share). Before this purchase, the HUF held 97,600 shares (0.0443% of share capital), and after the acquisition, the holding stands at 100,600 shares (0.0457%). The disclosures have been filed under Regulation 29(2) of the SEBI Takeover Regulations and Regulation 7(2) of the Insider Trading Regulations. This is a very small incremental purchase, and the total equity share capital of the company remains unchanged at Rs. 22.03 crore (22,03,43,000 shares of Rs. 1 each).
This is a minor, confidence-signalling purchase by a promoter group entity, indicating continued promoter faith in the company. However, given the negligible size of the transaction (just 0.0014% increase in holding), it is unlikely to have any material impact on the stock price or shareholder value.