The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nidhipati Singhania Family Trust, Raghavpat ....
JKCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Three promoter group family trusts — Nidhipati Singhania Family Trust, Raghavpat Singhania Family Trust, and Madhavkrishna Singhania Family Trust — each acquired 100 equity shares of JK Cement Ltd from the open market on March 19, 2026. Before the acquisition, each trust held zero shares; after the acquisition, each holds 100 shares, representing a negligible 0.00% stake in the company. The filings were made on March 21, 2026, under Regulation 29(2) of SEBI's Takeover Regulations. The total equity share capital of JK Cement stands at approximately Rs. 77.27 crore. The acquisitions are token in nature and likely part of promoter group restructuring to formally register holdings in newly formed family trusts.
No meaningful impact on shareholding pattern or stock price, as the acquired quantity is extremely small (just 300 shares combined). The filings appear to be routine regulatory disclosures related to setting up formal holdings for promoter family trusts rather than any strategic stake change.