StockWatch
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Other Financial Services
Shareholding6 Jul 2026, 12:37 pm

Bhumit Patel Acquires 0.38% Stake in Jhaveri Credits via Amalgamation

AI Summary

Bhumit Vinodbhal Patel has acquired 42,166 equity shares, representing 0.38% of the total share capital, in Jhaveri Credits and Capital Limited. The acquisition occurred through allotment pursuant to a Scheme of Amalgamation, effective June 29, 2026. Following this transaction, Patel's holding remains at 0.38% of the total diluted share capital. The company's equity share capital has increased post-acquisition. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Bhumit Patel acquired 42,166 shares (0.38%) in Jhaveri Credits.
  • Acquisition was via allotment under a Scheme of Amalgamation.
  • Transaction date is June 29, 2026.
  • Disclosure made under SEBI SAST Regulations, 2011.
  • Bhumit Patel is part of the Promoter Group.