The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vimal Jain
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Awaiting price reaction for this filing.
Vimal Jain, a member of the promoter group of Star Housing Finance Ltd, sold 28,137 equity shares through the open market across six trading days between May 22, 2025 and May 30, 2025. Before the sale, he held 75,897 shares (0.10% of the company's voting capital), which reduced to 47,760 shares (0.06%) after the transaction. The shares were sold at face value of Rs. 5 each, and the total reduction in promoter holding came to roughly 0.04 percentage points of the company's share capital.
This is a small, routine open-market sale by a promoter amounting to only about 0.04% of the company's share capital, so it is unlikely to have any meaningful effect on the stock price or overall promoter control of the company.