StockWatch
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Other Financial Services
Shareholding6 Jul 2026, 12:31 pm

Krut Vinodbhai Patel Acquires 0.38% Stake in Jhaveri Credits

AI Summary

Krut Vinodbhai 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 on June 29, 2026. Following this, Patel's total holding increased to 42,836 shares, also representing 0.38% of the total diluted share capital. The transaction was reported under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company's equity share capital before the acquisition was Rs. 9,48,59,360, and after the acquisition, it increased to Rs. 11,10,20,240.

Key Highlights

  • Krut Vinodbhai Patel acquired 0.38% stake in Jhaveri Credits.
  • Acquisition was via allotment under a Scheme of Amalgamation.
  • Total holding increased to 42,836 shares post-acquisition.
  • Transaction reported under SEBI SAST Regulations, 2011.
  • Acquirer belongs to the Promoter Group.