The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Girish Jain
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Girish Jain, classified as a Promoter and Acquirer of KJMC Corporate Advisors (India) Ltd, has bought 16,000 equity shares (0.41% of total share capital) through the open market on December 9, 2025. The acquisition was disclosed under Regulation 29(2) of the SEBI Takeover Regulations as a creeping acquisition. With this purchase, his holding in the company has increased from 4,68,163 shares (11.92%) to 4,84,163 shares (12.33%). The disclosure was filed with BSE on December 10, 2025.
A promoter buying shares on the open market is generally viewed as a confidence signal in the company. However, the incremental stake is small (0.41%), so the direct price impact is likely to be limited. The holding remains well below the 25% takeover threshold.