The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satyen Suresh Jain
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SP Capital Financing Ltd submitted a revised SAST disclosure after the stock exchange pointed out that the original filing was missing the date of acquisition. Promoter Satyen Suresh Jain acquired 1,37,600 equity shares (2.29% of share capital) via an inter-se transfer on 18 June 2025. His holding rose from 1,25,600 shares (2.09%) to 2,63,200 shares (4.38%) of the company. Since this was an inter-se transfer among promoter group entities (corrections were also filed for Namrata Garg and Sureshchand Jain HUF), the total promoter-group holding remains unchanged; only the distribution within the group shifted. No encumbrance, pledge, or market-based purchase is involved.
This is a reshuffling of shares within the promoter family rather than a fresh market purchase, so it is largely neutral for outside shareholders. However, Satyen Suresh Jain's individual stake is now just below the 5% creeping acquisition threshold, meaning any further inter-se or market purchase could trigger additional disclosure obligations.