The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chanddevi Jain
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Mrs. Chanddevi Jain, a promoter of KJMC Corporate Advisors (India) Ltd, has disclosed a change in her shareholding under SEBI's Takeover Regulations. She acquired 1,000 equity shares through transmission (an inter-se transfer), taking her total holding from 15,55,058 shares to 15,56,058 shares. This marginally raised her voting stake from 39.60% to 39.63% of the company. The total share capital of the company remained unchanged at Rs. 3,92,64,400. No encumbrance, pledge, or sale activity was reported — the shares were received, not bought from the market.
This is a routine regulatory disclosure with no material impact on the stock. The change is negligible (0.03%), and the shares were received via transmission rather than a market purchase, so it reflects no change in promoter intent or control.