BSEJumbo Bag LtdLowNeutral
Announced Mon, 26 May · 11:54 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G S Jwala

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

G S Jwala, a member of the promoter group of Jumbo Bag Ltd, acquired 12,210 equity shares (0.014% of total share capital) through an off-market inter-se transfer (gift) on 22 May 2025. The acquisition raised G S Jwala's holding from 29,054 shares (0.034%) to 41,264 shares (0.049%) of the company. The total equity share capital of Jumbo Bag Ltd remains unchanged at 8,37,37,000 shares. This is a routine disclosure under the SEBI Takeover Regulations to report the promoter group member's change in shareholding.

Likely market impact

This is a minor, non-cash, intra-promoter-group reshuffle via gift and has negligible impact on the stock price or overall promoter shareholding. Total promoter group stake remains effectively unchanged since shares only moved within the promoter group.