Announced Wed, 10 Sept · 16:26 IST

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

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Anil Jhunjhunwala, a promoter of JJ Finance Corporation Ltd, acquired 59,697 equity shares (2.12% of the company's equity capital) through open market purchases on 09.09.2025. His individual stake rose from 44.29% (12,48,837 shares) to 45.77% (12,90,784 shares). Other members of the promoter and persons acting in concert (PAC) group — Anita Kanoi, Vidhi Beri, and Vedika Jhunjhunwala — also bought shares, taking the combined promoter-group holding from 60.12% to 62.24%. The total share capital remains unchanged at 28.20 lakh equity shares of Rs 10 each. The acquisition is within the permissible creeping acquisition limit for promoters under SEBI takeover rules.

Likely market impact

The open-market buying by the promoter group signals confidence in the company's prospects. With combined promoter holding rising to 62.24%, controlling stake is reinforced and float available to public shareholders further reduces, which could limit liquidity in the stock.