The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sharad Poddar HUF & PACs
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Sharad Poddar HUF sold 2,000 equity shares of Jattashankar Industries Ltd to Tarunkumar Gunvantlal Patel via an off-market transaction at Rs. 60 per share, based on a purchase agreement dated December 20, 2024. The sale was carried out on July 22, 2025, after complying with the mandatory open offer requirement under Regulation 3(2) of SEBI (SAST) Regulations, 2011. Post-sale, Sharad Poddar HUF's holding dropped from 2,000 shares (0.05%) to zero, while the Persons Acting in Concert (PACs) group continued to hold 2,841,200 shares (64.76%) unchanged. The total equity share capital of the company remains at 4,387,100 shares of Rs. 10 each.
This is a very minor 0.05% off-market transfer from a non-promoter HUF within the broader PAC group; the overall PAC holding stays at 64.76%, so there is no material change in the controlling stake and limited impact on shareholders or stock price.