StockWatch
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Road Transport
Shareholding24 Sept 2026, 10:12 pm

Inter State Oil Carrier: Promoter Sanjay Jain Acquires 1.66 Lakh Shares via Gift

AI Summary

Inter State Oil Carrier Ltd announced that promoter Sanjay Jain has acquired 1,66,454 equity shares through inter-se transfer by way of gift. The shares were transferred from Mrs. Gunmala Devi Jain (1,12,045 shares) and Mr. Shanti Lal Jain (54,409 shares). This transaction, with NIL consideration, increases Sanjay Jain's total shareholding to 10,47,936 equity shares, representing approximately 20.99% of the company's total paid-up share capital. The acquisition was conducted via off-market transfer.

Key Highlights

  • Promoter Sanjay Jain acquired 1,66,454 shares via gift.
  • Transaction involved inter-se transfer among promoters.
  • No monetary consideration was exchanged for the shares.
  • Sanjay Jain's holding increased to 20.99% of total capital.
  • Acquisition was an off-market transfer.