The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jackky Bhagnani
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Jackky Bhagnani filed a disclosure under SEBI SAST Regulation 29(2) following the conversion of 85,15,000 warrants into equity shares on 21st August 2025. He did not buy or sell any shares himself; instead, other promoter group members and non-promoters exercised their warrants, increasing the total share count from 5,54,38,500 to 6,39,53,500 equity shares. As a result, Jackky Bhagnani's holding percentage was diluted from 18.03% to 15.63%, a decrease of 2.40%, while his absolute share count stayed unchanged at 99,97,580 shares. The overall promoter and promoter group holding rose slightly from 73.83% to 74.48%, led by Vashu Bhagnani (48.25%) and Deepshikha Deshmukh (5.25%).
This is a routine disclosure caused by warrant conversions that increased the company's total equity base. For shareholders, there is no negative signal — no promoter selling, no pledge activity, and promoter control remains strong at 74.48%. However, the expanded share count means existing shareholders' proportional ownership (including Jackky Bhagnani's) is diluted.