The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ankur Jain
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Ankur Jain, who held 5,35,800 equity shares (9.32%) in RSC International Ltd, has fully exited the company. The shares were sold off-market (4,91,430 equity shares) on August 08, 2025 to the acquirers upon completion of formalities related to the mandatory open offer. Post-transaction, Ankur Jain's holding stands at NIL. The company's total equity share capital remains unchanged at Rs. 5,74,97,000 (57,49,700 shares of Rs. 10 each). This is connected to a change in ownership of RSC International, with the acquirers taking over the promoter stake.
This signals a complete change in control/ownership of RSC International Ltd. Shareholders should note that the company is now under new acquirers who triggered a mandatory open offer. The selling shareholder has fully exited, which means no further stake reduction from this party is expected. Investors should monitor the acquirers' future disclosures and corporate actions.