The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vimal Jain
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vimal Jain, identified as a promoter of Star Housing Finance Limited, has disclosed the sale of 28,603 equity shares through the open market. The sales were spread across 9 trading sessions between September 3, 2024 and May 21, 2025, in small tranches ranging from 1,500 to 6,000 shares per day. His shareholding reduced from 1,04,500 shares (0.13% of voting capital) to 75,897 shares (0.10% of voting capital), a reduction of about 0.04% in aggregate. The company's total equity share capital stands at approximately INR 39.48 crore, comprising 7,89,63,948 equity shares of Rs. 5 each, with the diluted share/voting capital being slightly higher at 8,81,59,116 shares.
This is a small, gradual offloading by a promoter (under 0.04% of equity in total) and is unlikely to materially affect the stock price. However, repeated small sales by a promoter over several months may be viewed with mild caution by retail investors as it could signal a lack of promoter conviction, though the overall stake sold remains negligible.