The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shradha Jain
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Awaiting price reaction for this filing.
Shradha Jain, a non-promoter shareholder of Inter Globe Finance Ltd, sold 2,25,000 equity shares (2.05% of total share capital) in the open market across two dates — 75,000 shares on 24/10/2025 and 1,25,000 shares on 28/10/2025. Prior to the sale, she held 7,00,000 shares (6.39%), and after the sale, her holding has come down to 4,75,000 shares (4.34%). The disclosure was filed with both BSE (scrip code 511391) and Calcutta Stock Exchange on 29/10/2025. Total share capital of the company remains 1,09,52,295 equity shares of Rs. 10 each.
This is a minor open-market sell by a non-promoter shareholder, reducing her stake from 6.39% to 4.34%; it is unlikely to materially affect share price or company control, but indicates some selling pressure from an early/large shareholder.