Disclosure is attached.
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Promoter Harjinder Singh Jonjua of Jonjua Overseas Limited has transferred 7,03,074 equity shares (2.70% of total share/voting capital) via gift and off-market sale on 05 March 2026. His holding reduced from 18.30% (44,36,285 shares) to 15.60% (42,56,321 shares) after accounting for a prior bonus issue of 5,23,110 shares. The disclosure is filed under SEBI SAST Regulation 29(2) with the BSE SME platform. Total equity share capital of the company remains unchanged at 2,72,77,597 shares of Rs. 10 each.
The promoter's stake has declined by 2.70 percentage points, which investors may watch closely as a signal of reduced promoter holding. The promoter still retains a meaningful 15.60% stake, and the off-market/gift nature of the transfer suggests this is a strategic transaction rather than a market-driven exit.