The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alka Jain
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ms. Alka Jain, a promoter of RSC International Ltd, has disclosed under SEBI SAST Regulation 29(2) that she sold her entire holding of 4,91,430 equity shares (8.55% of the company's share capital). The transaction was executed through the off-market route on August 08, 2025, upon completion of formalities related to a mandatory open offer. After this sale, her shareholding in the company stands reduced to NIL. The equity share capital of the company remains unchanged at Rs. 5,74,97,000 divided into 57,49,700 equity shares of Rs. 10 each.
This represents a complete exit by the promoter from the company, which removes a key insider shareholding and may affect confidence in the stock. Investors should watch for further disclosures regarding the open offer and any change in control or promoter status of the company.