The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jai Ambey Share Broking Ltd
SMCGLOBAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jai Ambey Share Broking Limited, part of the promoter group of SMC Global Securities, sold 18,63,340 equity shares (0.89% of total share capital) in the open market on December 23, 2025. This reduced Jai Ambey's stake in SMC Global from 1.42% (29,73,340 shares) to 0.53% (11,10,000 shares). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. As per the Annexure, the combined promoter and promoter group holding in SMC Global stood at 67.65% as of December 22, 2025, indicating that overall promoter control remains firmly in place despite this sale.
This is a routine open-market sale by a single promoter-group entity and does not threaten overall promoter control, which remains comfortably above 50%. Short-term stock price impact is likely limited, though investors may watch for any further promoter selling as a sentiment signal.