INABSEInsolation Energy LtdLowNeutral
Announced Fri, 20 Jun · 11:07 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vikas Jain HUF

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vikas Jain HUF, part of the promoter group of Insolation Energy Limited, acquired 3,000 equity shares of the company through the open market on 19 June 2025. The acquisition represents 0.0014% of the company's total share capital. After the purchase, the HUF's holding increased from 31,600 shares (0.0143%) to 34,600 shares (0.0157%). The company is listed on the BSE SME platform with an equity share capital of Rs. 22,03,43,000 divided into 22,03,43,000 equity shares of Rs. 1 each. This is a routine disclosure under Regulation 29(2) of SEBI Takeover Regulations.

Likely market impact

The acquisition is negligible in size and unlikely to materially impact the stock price. It signals continued promoter confidence, though the promoter's overall stake remains very small at 0.0157%.