The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Namdeo Salunkhe
JARO · price
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Promoter Sanjay Namdeo Salunkhe acquired 2,09,189 equity shares of Jaro Institute of Technology Management and Research Limited through open market purchase on May 19, 2026. The acquisition increased his holding from 52.83% (1,17,65,968 shares) to 53.77% (1,19,75,157 shares) of the company's voting capital. The transaction represents approximately 0.94% of total shares. The promoter belongs to the promoter/promoter group and the shares are listed on both BSE and NSE.
This open market purchase by a promoter signals confidence in the company and strengthens promoter holding above 53%. For retail investors, increased promoter stake generally signals positive sentiment from insiders who have direct knowledge of business operations.