The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Singla
JTLIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Vijay Singla, a member of the promoter/promoter group of JTL Industries Ltd, has transferred 87,93,428 equity shares (2.24% of paid-up capital) to an immediate relative by way of a gift on December 10, 2025. This was an off-market inter-se transfer among immediate relatives. Before the transfer, Vijay Singla held 87,93,428 shares (2.24%); after the transfer, his holding stands at 0 shares. The total equity share capital of the company remains unchanged at approximately 39.31 crore shares of Re. 1 each. Since the shares were gifted to an immediate relative (likely also part of the promoter group), the overall promoter group's consolidated holding is not expected to change materially.
This is an internal reshuffling within the promoter family and does not change the total promoter group's stake in JTL Industries, so it is largely neutral for shareholders. However, Vijay Singla's individual holding has gone to zero, which is worth noting for anyone tracking his personal stake.