The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chetan Burman & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.8 pts more than its Other Consumer Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Non-promoter acquirers Mr. Chetan Burman (1,90,000 shares) and Mr. Pradip Burman (1,25,000 shares), acting in concert, acquired a total of 3,15,000 equity shares in Jetking Infotrain Ltd via preferential allotment on May 23, 2025. This acquisition raised their combined holding from 4.11% (2,43,029 shares) to 8.85% (5,58,029 shares), crossing the 5% disclosure threshold. The filing explicitly states the acquirers do not belong to the promoter/promoter group. The company's total equity capital expanded from 59,07,500 shares to 63,03,656 shares following the preferential allotment, resulting in dilution for existing shareholders.
A new non-promoter substantial shareholder has emerged at 8.85%, which could attract further buying interest but also introduces dilution. Existing shareholders should note the preferential allotment structure and watch for any further acquisitions approaching the 10% or 15% takeover thresholds.