StockWatch
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Other Financial Services
Shareholding1 Jul 2026, 05:20 pm

Vishnubhai Patel Group Discloses Shareholding in Jhaveri Credits Post Amalgamation

AI Summary

Vishnubhai Patel and associated promoter/promoter group entities have submitted a disclosure under SEBI's SAST Regulations, 2011, regarding the acquisition of equity shares in Jhaveri Credits and Capital Limited. The acquisition occurred via allotment pursuant to a Scheme of Amalgamation. The disclosure details the shareholding changes before and after the transaction, indicating a post-acquisition total holding of 63.24% by the promoter group. The mode of acquisition is specified as amalgamation.

Key Highlights

  • Promoter group disclosed shareholding changes post-amalgamation.
  • Acquisition of shares in Jhaveri Credits via allotment.
  • Total promoter group holding increased to 63.24% post-transaction.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.