The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devang Jajodia
Awaiting price reaction for this filing.
Promoter Mr. Devang Jajodia received 7,500 equity shares via an off-market inter-se transfer from fellow promoter Mr. Srawan Kumar Jajodia on 25 March 2026. Devang Jajodia's holding in the company increased from 3,09,874 shares (30.22%) to 3,17,374 shares (30.95%), a rise of 0.73 percentage points. The total share capital of the company remains unchanged at Rs. 1,02,55,320 (10,25,532 equity shares of Rs. 10 each). Since both transferor and transferee are members of the promoter group, the overall promoter shareholding in the company stays the same — only the internal distribution between promoters has shifted.
This is a routine reshuffling of shares within the promoter family and does not change the combined promoter stake, control, or any fundamentals of the company. Shareholders should view this as a neutral, administrative event with no material impact on the stock price.