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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Awaiting price reaction for this filing.
Mrs. Chanddevi Jain, part of the promoter group, received 2,13,000 equity shares of KJMC Financial Services via transmission (inter-se transfer) on September 15, 2025. Her holding increased from 18,70,076 shares (39.08%) to 20,83,076 shares (43.53%), a rise of 4.45 percentage points. The total equity share capital remains Rs. 4,78,57,400. This is an internal promoter-family reshuffle rather than an open-market purchase, and the disclosure was filed because the change exceeds the 2% threshold under SAST rules.
No impact on the stock price is expected since this is a transmission of shares within the promoter family, not a fresh market purchase. However, consolidated promoter control is now higher at 43.53%, reducing public float slightly.