The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
PNCINFRA · price
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Four promoter group members (Meena Jain, Chakresh Kumar Jain, Madhavi Jain, and Ashita Jain) acquired a total of 1.96 crore equity shares (7.64% of share capital) from three HUF entities (Pradeep Kumar Jain HUF, Chakresh Kumar Jain HUF, and Yogesh Kumar Jain HUF) through off-market transfers. The transfers were made at nil consideration pursuant to the partition of the HUF entities. All parties are members of the promoter group of PNC Infratech. The transaction was completed on March 27, 2026, and SEBI exemptions under Regulation 10(1)(a)(ii) were claimed as this was an inter-se transfer among promoter group members. Total promoter holding remains unchanged at 56.07%.
No impact on shareholders or stock price. This is purely an internal restructuring within the promoter group with no change in total promoter stake or any dilution. The transaction required SEBI filing but does not trigger any open offer obligation.