Announced Wed, 23 Sept, 2026 · 17:17 IST
Promoter Sanjay Jain acquires 3.33% via gifts from PACs, stake rises to 20.99%
Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
Price
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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹49.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.1-1.1+2.0-3.0+3.5+0.6————
Up moveDown movePending
AI summary
Promoter and MD Sanjay Jain acquired 1,66,454 equity shares (3.33% of paid-up capital) of Inter State Oil Carrier on 23 Sep 2026 through off-market gift transfers from PACs. Mrs Gunmala Devi Jain gifted 1,12,045 shares and Mr Shanti Lal Jain gifted 54,409 shares. Promoter holding rose from 8,81,482 shares (17.66%) to 10,47,936 shares (20.99%), crossing the 20 percent mark. This is an inter-se transfer within the promoter family group and involves no cash outflow for the acquirer.
Likely market impact
Internal promoter family reshuffle via gifts; no fresh capital raised; stake now closer to 25% takeover trigger threshold.