The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for India Lease Development Ltd
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India Lease Development Ltd, a non-promoter entity, has sold its entire stake of 3,12,401 shares (6.25%) in Jayabharat Credit Ltd via an off-market transaction on September 16, 2025. The holding before and after the sale shows a complete exit, with the post-sale holding reduced to zero shares. The total equity share capital of Jayabharat Credit remains unchanged at 50,00,000 shares. The sale was carried out through a negotiated off-market deal rather than open market trading.
This is a complete exit by a non-promoter shareholder, which may indicate the seller's loss of confidence or a strategic divestment. The off-market nature suggests a pre-arranged buyer, so it is unlikely to cause immediate price pressure, but investors should watch for any change in the shareholder pattern or further disclosures about the acquiring party.