Shareholding10 April 2026 at 12:21 pm
Jayshree Jain acquires 9.86% stake in Saptak Chem via preferential allotment
AI Summary
Jayshree Jain has disclosed the acquisition of 5,00,000 equity shares of Saptak Chem And Business Ltd, representing 9.86% of the total diluted share capital. The acquisition, made at a face value of ₹10 per share, occurred on April 6, 2026, through a preferential allotment. This transaction was reported under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and significantly impacts the company's shareholding structure and total equity capital.
Key Highlights
- Jayshree Jain acquired 5,00,000 equity shares of Saptak Chem.
- This acquisition represents 9.86% of the company's diluted share capital.
- The shares were acquired through a preferential allotment.
- The transaction took place on April 6, 2026.
- The company's equity capital increased significantly post-allotment.