Announced Mon, 6 Jul · 12:30 IST

Promoter group member Krut Patel acquires 42166 shares via amalgamation

Promoter Stake BuyOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹197.00
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.5-2.5+0.0-4.1-2.5-6.1-7.5
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AI summary

Krut Vinodbhai Patel, part of the promoter group of Jhaveri Credits and Capital, has acquired 42,166 equity shares (0.38 percent) of the company through allotment under a Scheme of Amalgamation on June 29, 2026. His holding rose from 670 shares to 42,836 shares (0.38 percent). The share capital of Jhaveri Credits expanded from 94.85 lakh to 1.11 crore equity shares of face value Rs 10 each post the amalgamation.

Likely market impact

Minor promoter group stake increase via amalgamation; no market purchase, minimal impact on retail shareholders or stock price.