Disclosure of intimation under Reg 29(1) of SEBI SAST Regulations 2011, received from Mrs. Anu Marwah, acquiring shares due to transmission, being a nominee.
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Jai Mata Glass Ltd has disclosed that Mrs. Anu Marwah, a member of the promoter group and nominee, acquired 2,48,74,260 equity shares (face value Rs. 1 each) of the company through transmission on 19th August 2025. This follows the demise of promoter and shareholder Mr. Chander Mohan Marwah. With this acquisition, her individual holding in the company has risen from 19.69% (1,96,91,200 shares) to 44.56% (4,45,65,460 shares). The disclosure was filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. Persons Acting in Concert (PACs) include Anu Marwah, Inesh Marwah, Chandni Marwah, and JP Overseas Pvt Ltd, all of whom belong to the promoter group. The total equity share capital of the company stands at 10,00,00,000 shares of Rs. 1 each.
This is an internal family transfer of promoter shares via nominee transmission due to the death of Mr. Chander Mohan Marwah — no market purchase has taken place and no cash has changed hands. Shareholders should note the change in individual promoter shareholding structure, though overall promoter family control remains within the group. Such transmission events are typically neutral to mildly positive as they avoid any forced sale or dilution.