The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kiran Kumar Jain M
RAJTV · price
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Kiran Kumar Jain M, a promoter-level seller, sold 1,72,886 equity shares (0.33% of total share capital) in Raj Television Network Ltd through an open market transaction on April 9, 2026. Before the sale, the seller held 89,78,346 shares representing 17.30% of the total voting capital. After the sale, the holding reduced to 88,05,460 shares representing 16.97% of total capital. The total share capital of the company remains at Rs. 25.96 crores. The transaction was conducted in the open market (market sale).
The promoter has reduced their stake by 0.33 percentage points to 16.97%, indicating a partial exit by a promoter-level shareholder, which may signal reduced promoter confidence or profit-taking.