The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Asha Nanda
Awaiting price reaction for this filing.
Asha Nanda, a non-promoter shareholder of JMG Corporation Ltd, has sold 1,40,789 shares of the company in an off-market transaction on 17-06-2025. Her holding has reduced from 5,40,789 shares (2.34%) to 4,00,000 shares (1.73%) of the total equity share capital. The total share capital of the company remains unchanged at 2,31,57,895 equity shares of Rs. 2.50 each. The disclosure has been filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is a non-promoter sale by an individual shareholder and is not expected to materially affect the stock price or promoter control of the company. Retail investors should note that the seller is moving further away from the 5% SAST disclosure threshold, which simply means she no longer needs to file further disclosures at intermediate levels.