PNC Infratech Ltd: Meena Jain & Others Acquire 1,96,08,000 Shares Through Off-Market Transfers

PNC Infratech Limited has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Meena Jain, Chakresh Kumar Jain, Madhavi Jain, and Ashita Jain, collectively known as Transferees, have acquired an aggregate of 1,96,08,000 equity shares of PNC Infratech Limited from Pradeep Kumar.lain HUF, Chakresh Kumar .lain HUF, and Yogesh Kumar Jain HUF, known as Transferors. This acquisition is pursuant to the partition of the Transferors. All of the Transferors and Transferees are members of the promoter group of the Target Company.