The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jubilant Consumer Pvt Ltd & Others
JUBLFOOD · price
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Awaiting price reaction for this filing.
The promoter group of Jubilant FoodWorks, led by Jubilant Consumer Private Limited along with PACs including Mr. Shyam Sunder Bhartia and Mr. Hari Shanker Bhartia, has sold 1,09,80,000 equity shares (1.66% of total share capital) through a market transaction. Before the sale, the promoter group held 27,67,32,485 shares (41.94%); after the sale, their holding stands at 26,57,52,485 shares (40.28%). Encumbered (pledged) shares remain unchanged at 1,37,80,000 (2.09%). The promoter group continues to be the largest shareholder, with holding still well above the minimum public shareholding threshold.
A modest promoter stake sale of 1.66% may create short-term supply pressure on the stock, but the promoter group retains a strong 40.28% stake, signalling continued confidence in the business. Investors should monitor for any further stake reductions.