The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for M P Ramachandran Family Trust I & PACs
JYOTHYLAB · price
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Awaiting price reaction for this filing.
Promoter M.P. Ramachandran gifted 64,11,011 equity shares (1.75%) to M.P. Ramachandran Family Trust I, and promoter group member M.G. Shanthakumari gifted 14,36,39,870 equity shares (39.12%) to M.P. Ramachandran Family Trust II on November 15, 2025. Both transfers were off-market, by way of gift, as an inter-se promoter family restructuring. The total promoter and promoter group holding in Jyothy Labs remains unchanged at 62.89% (23,09,34,685 shares). After the transfer, M.P. Ramachandran and M.G. Shanthakumari each retain only 1,001 shares individually, while the two family trusts collectively hold about 40.87% of the company.
This is a neutral, internal reshuffle within the promoter family — no change in overall promoter control and no cash transaction. Shareholders should see no direct impact on stock price or ownership structure, though the shares are now parked in family trusts which may affect future succession or voting decisions.