The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manish Kumar Jain & PACs
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On June 4, 2026, Mr. Manish Kumar Jain (Promoter) bought 16,000 equity shares and Mrs. Raksha Jain (PAC) bought 15,000 shares of MRP Agro through open-market transactions. Combined promoter group holding rose from 66.84% to 67.11%, an increase of 0.27%. Manish Jain's individual stake moved from 27.57% to 27.70%, while Raksha Jain's stake moved from 24.83% to 24.96%. The total share capital of the company is 1,15,00,000 equity shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is a positive, confidence-building signal as insiders are putting more of their own money into the stock. With promoter holding already at 67.11%, the group is approaching the 75% upper cap for creeping acquisition, which may limit further such purchases without triggering open-offer obligations.