StockWatch
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Road Transport
Shareholding7 Sept 2026, 10:19 am

Sanjay Jain Increases Inter State Oil Carrier Stake to 17.66%

AI Summary

Sanjay Jain, Promoter and Managing Director of Inter State Oil Carrier Limited, has acquired additional shares, increasing his total holding to 88,1482 Equity Shares, representing 17.6568% of the company's paid-up share capital. The acquisition, totaling 550 Equity Shares, occurred on September 4, 2026, through open market transactions. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Sanjay Jain increased shareholding in Inter State Oil Carrier Ltd.
  • Total holding now stands at 17.6568% (88,1482 shares).
  • Acquisition of 550 shares occurred on September 4, 2026.
  • Transaction was executed via open market purchase.
  • Disclosure filed under SEBI Takeover Regulations.