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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kiran Kumar Jain M, a non-promoter shareholder of Raj Television Network Ltd, sold 9,24,890 equity shares (1.78% of total share capital) through open market on 5 June 2026. His holding reduced from 88,05,460 shares (16.97%) to 78,80,570 shares (15.19%). The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations since the sale crossed the 1% reporting threshold. The seller is explicitly confirmed as not belonging to the promoter or promoter group.
This is a meaningful offload by a large non-promoter shareholder, but since the seller is not a promoter, promoter holding in the company remains unchanged. A continued pattern of such sales could indicate bearish sentiment from a significant holder, though a single small-percentage sale is not alarming.