StockWatch
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Hotels & Resorts
Shareholding6 Nov 2026, 05:10 pm

Jindal Hotels: Piyush D Shah Gifts 1.88% Stake

AI Summary

Piyush D. Shah, Promoter & Managing Director of Jindal Hotels Limited, has disclosed the acquisition of 1,31,368 equity shares, representing 1.88% of the total share capital, through a gift. The transaction occurred on November 4, 2026. Following this gift, Mr. Shah's total shareholding in the company increased from 17.13% to 19.01%. The total equity share capital of the company remains ₹7,00,00,000, divided into 70,00,000 equity shares of ₹10 each.

Key Highlights

  • Piyush D. Shah acquired 1,31,368 shares via gift.
  • This transaction represents a 1.88% stake in Jindal Hotels.
  • His total shareholding increased from 17.13% to 19.01%.
  • The acquisition was made through an off-market transaction.