Announced Fri, 5 Jun · 11:29 IST

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

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

JARO · price

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

Price reaction · full curve 14 horizons · vs prior close
-8.2%1-day move
₹594.00
prior close
₹588.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2-0.2-0.5-8.2-10.4-9.3-8.4-4.0-8.0-15.7-13.6
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AI summary

Sanjay Namdeo Salunkhe, a promoter of Jaro Institute of Technology Management and Research Ltd, has acquired 56,531 equity shares through open market purchases on June 3, 2026. This acquisition increased his stake from 54.59% to 54.84% of the company's total share capital (and from 54.30% to 54.55% on a diluted basis). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011. The company's total equity share capital stands at 2,22,70,387 shares of Rs. 10 each.

Likely market impact

This is a small but notable promoter share purchase (0.25% increase), signaling continued promoter confidence in the company. The promoter's holding is now approaching the 55% threshold, beyond which SEBI's creeping acquisition limits become more restrictive, potentially limiting further open-market purchases without triggering additional disclosures.