The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Jain & Others
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Moongipa Capital Finance Ltd has reported a transmission of shares following the demise of promoter Late Mr. Suresh Chander Jain. His 1,48,800 equity shares (1.62% of paid-up capital) have been transmitted to his son Mr. Sanjay Jain, who is also a promoter. As a result, Sanjay Jain's individual stake has risen from 8.43% to 10.05% of the company. He has also taken over as the new Karta of Suresh Chander Jain & Sons HUF, which continues to hold 4.83%. Importantly, the total promoter and promoter group shareholding remains unchanged at 37.39% before and after the transmission, as no shares changed hands externally — only moved within the promoter family.
This is a routine internal family transmission with no change in overall promoter group holding (still 37.39%), so there is no material impact on the stock or minority shareholders. Sanjay Jain has personally crossed the 10% individual holding mark, which is a disclosure requirement but not economically significant.