The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amaara Projects Pvt Ltd
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Amaara Projects Private Limited, a non-promoter entity, acquired 720,000 equity shares (14.4%) of Jayabharat Credit Limited through an off-market transaction on 11 September 2025. Prior to this acquisition, the acquirer held 0% in the company, meaning this is a fresh entry that crosses the 10% SAST disclosure threshold. The company's total equity share capital stands at 5,000,000 shares. As a non-promoter acquirer crossing 10%, Amaara Projects may now be required to make an open offer under SEBI Takeover Regulations depending on the nature and control implications of the deal.
A new 14.4% shareholder entering via off-market route could indicate a potential change in control or strategic interest in the company, which shareholders should monitor closely. If this triggers an open offer obligation, it may have implications for the stock price and existing shareholder exit options.