The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
JTLIND · price
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Awaiting price reaction for this filing.
Mr. Pranav Singla (son, part of promoter group) acquired 87,93,428 equity shares (2.24% of paid-up capital) of JTL Industries Ltd from his father Mr. Vijay Singla via an off-market gift on December 10, 2025. As a result, Pranav Singla's stake rose from 1.37% (53,88,068 shares) to 3.61% (1,41,81,496 shares), while Vijay Singla's stake dropped to zero. The total promoter group shareholding remains unchanged at 49.26% (19,36,37,836 shares), as this is a reallocation within the same family. SEBI filing fees of Rs. 1,77,000 were paid on January 6, 2026, and the disclosure was filed under Regulation 10(7) via the inter-se transfer exemption for immediate relatives.
No material impact on the stock price or overall promoter control, as this is purely a reshuffle within the promoter family (father gifting shares to son). Total promoter holding stays flat at 49.26%, remaining below the 50% threshold. Shareholders should note no change in promoter voting power.