Demise of Shetal A. Divatia promotor group of the company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JSL Industries Ltd has informed the stock exchange about the sad demise of Mrs. Shetal A Divatia, a member of the promoter group, who passed away on 27th September 2025 in the USA. She held 1,00,000 equity shares in the company, representing 8.52% of the total shareholding. The company has stated that transmission of her shareholding to her nominee is currently under process, and the shares will continue to be reflected in her name until the transmission is completed. The intimation has been made under Regulation 30 and 31A of SEBI LODR Regulations, 2015.
This is a procedural disclosure with no immediate impact on operations or share price. The 8.52% stake will eventually transfer to her legal heir/nominee, but until then the shareholding remains unchanged on record.