JYOTHYLABNSEJyothy Labs Limited· Personal CareHighPositive
Announced Tue, 1 Apr · 12:05 IST

M R Jyothy has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.

Promoter Stake BuyOwnership Changes View source PDF

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AI summary

M R Jyothy, a promoter of Jyothy Labs Limited, has filed a disclosure with the stock exchange under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing reports an acquisition made by the promoter relying on an exemption provided under Regulation 10 of the SAST Regulations. Regulation 10 typically covers creeping acquisitions, where promoters holding between 25% and 75% can buy additional shares without triggering a mandatory open offer, subject to conditions.

Likely market impact

This is a routine regulatory disclosure confirming a promoter-level acquisition made within the permissible exemption framework. It signals continued promoter confidence but does not change the company's overall ownership structure materially.