The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajnesh Jain
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Mr. Rajnesh Jain, a promoter of KJMC Corporate Advisors (India) Ltd, has acquired 7,800 equity shares through an open market purchase on December 9, 2025. This is disclosed as a creeping acquisition under SEBI's Takeover Regulations. Following this purchase, his holding in the company increased from 4,59,206 shares (11.70%) to 4,67,006 shares (11.89%). The total equity share capital of the company stands at approximately 3.93 crore shares. The acquisition is small in size, representing just 0.19% of the company's capital.
Promoters increasing their stake signals confidence in the company's prospects. However, the acquisition is very small (0.19%) and unlikely to have a material impact on the stock price. Retail investors should note this as a positive signal of promoter belief in the business, though no major shift in ownership structure is implied.