Jullundur Motor Agency (Delhi) Limited has informed the Exchange about the sad demise of Smt. Santosh Sondhi, Promoter of the Company under Regulations 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Jullundur Motor Agency (Delhi) Limited informed the exchange about the sad demise of Smt. Santosh Sondhi, one of its Promoters, on 22nd September 2025. She held 72,06,400 equity shares in the company. As a result of her passing, she will cease to be part of the Promoter and Promoter Group of the company under SEBI Listing Regulations. The company has filed this intimation under Regulations 30 and 31A of the SEBI (LODR) Regulations, 2015. The legal heirs and transmission of shares to successors will be a matter to be addressed subsequently.
This is a personal event with potential implications for the promoter group's shareholding structure; the 72,06,400 shares held by the deceased promoter will need to be transmitted to legal heirs, which could lead to changes in promoter group composition going forward.