SNK Investments Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
JMFINANCIL · price
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SNK Investments Private Limited (formerly Persepolis Investment Company) acquired up to 9,21,250 equity shares (0.10% of paid-up capital) of JM Financial Limited from Ms. Aruna Nimesh Kampani, both members of the promoter group. The shares were acquired at Rs. 144.20 per share under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, which exempts inter-se promoter transfers from open offer requirements. Post-transaction, SNK's holding rises to 1.95% (from 1.86%) while Ms. Kampani's holding drops to 2.82% (from 2.92%). The total promoter and promoter group holding remains unchanged at 56.83%, confirming this is a routine internal reshuffle within the promoter family.
This is a routine internal transfer among promoter group members with no change in total promoter ownership (still 56.83%). Shareholders should see no material impact on the stock price or controlling interest, as the transaction merely redistributes shares within the existing promoter group.