The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Jain
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Sanjay Jain, a promoter of Inter State Oil Carrier Ltd, purchased 6,000 equity shares through the open market on 17 February 2026. The acquisition increased his holding from 868,532 shares (17.3974%) to 874,532 shares (17.5176%) of the company's paid-up capital, a rise of 0.1202%. The total equity share capital of the company remains unchanged at Rs. 4,99,23,000 comprising 49,92,300 equity shares of Rs. 10 each. The disclosure was made under Regulation 29(2) of SEBI's Takeover Regulations, 2011.
A small open-market purchase by a promoter signals continued confidence in the company, though the size is too minor to materially affect stock price or shift control dynamics.