The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neel Narendrabhai Pujara
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Neel Narendrabhai Pujara, Chairman cum Managing Director and promoter of Jay Kailash Namkeen Ltd, sold 1,88,800 equity shares (3.77% of paid-up capital) through open market transactions on May 13, 14, and 15, 2025. His holding dropped from 23,11,231 shares (46.25%) to 21,22,431 shares (42.48%). The company is listed on the BSE SME platform with a total equity share capital of 49,96,933 shares of Rs. 10 each. The disclosure was filed under SEBI SAST Regulation 29(2).
Promoter stake reduction of nearly 4% signals some trimming of holdings, though post-sale holding at 42.48% still keeps him firmly in control. Retail investors may watch for follow-up sales or any change in promoter commitment.