The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anu Marwah
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Anu Marwah, a nominee belonging to the promoter group of Jai Mata Glass Ltd, acquired 2,48,74,260 equity shares (24.87% of total capital) through transmission following the demise of promoter Mr. Chander Mohan Marwah on 19 August 2025. Her holding increased from 1,96,91,200 shares (19.69%) to 4,45,65,460 shares (44.56%) of the company. The total equity capital of the company is 10,00,00,000 shares of face value Rs. 1 each. This acquisition is not an open-market purchase but an inheritance/transmission of promoter shares within the family.
No cash transaction occurred — shares simply transferred within the promoter family, so there is no immediate buying pressure or price impact. However, the combined promoter group holding stands at 44.56%, still below the 50% mark, meaning the company does not have a majority controlling shareholder and remains relatively vulnerable to potential takeover bids.