BSEJay Kailash Namkeen LtdMediumNeutral
Announced Fri, 23 May · 10:10 IST

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

Promoter Below 50pctOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Neel Narendrabhai Pujara, part of the promoter group of Jay Kailash Namkeen Ltd (BSE SME, Scrip 544160), sold 32,000 equity shares in the open market on 19 May 2025. His stake dropped from 42.48% (21,22,431 shares) to 41.83% (20,90,431 shares), a reduction of 0.64 percentage points. The total equity share capital of the company remains at 49,96,933 shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.

Likely market impact

Minor promoter offloading in the open market; the promoter continues to hold a significant majority stake above 41%, so control remains unaffected. For retail investors, this is a small dilution of promoter holding but not a material governance concern.