The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harsh Patel
JASH · price
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Harsh Patel, a promoter of Jash Engineering Limited, has disclosed the disposal (gift) of 4,64,200 equity shares on May 22, 2025, under SEBI SAST Regulation 29(2). His holding reduced from 20,71,000 shares (3.30%) to 16,06,800 shares (2.56%), a reduction of 0.74% of the company's voting capital. The shares were transferred by way of gift, not through an open market sale. The total equity share capital of the company stands at 6,27,55,125 shares of Rs. 2 each. The filing is a routine SAST disclosure to the stock exchanges regarding the change in his promoter-group holding.
Since the shares were transferred as a gift (not sold in the market), there is no direct price or liquidity impact on the stock. However, retail investors should note the modest reduction in this specific promoter's individual stake from 3.30% to 2.56%, though the overall promoter group holding remains unchanged. No cash transaction or dilution is involved.