StockWatch
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Dealers-Commercial Vehicles, Tractors, Construction Vehicles
Shareholding3 Sept 2026, 07:01 pm

Jinkushal Industries: Promoter Gifts 3.87% Stake via Off-Market Transfer

AI Summary

Jinkushal Industries Ltd has disclosed an off-market, inter-se promoter transfer of 1,487,300 equity shares, representing 3.87% of the total share capital, from Mrs. Sandhya Jain to Ms. Anubhavi Jain. The transfer was executed as a gift, qualifying for exemption under SEBI (SAST) Regulations, 2011. The transaction, dated September 2, 2026, was facilitated by a valuation report and is considered an inter-se transfer among immediate relatives, exempting it from open offer requirements. This move impacts the shareholding structure within the promoter group.

Key Highlights

  • Promoter Mrs. Sandhya Jain gifted 3.87% stake to Ms. Anubhavi Jain.
  • Transaction is an off-market, inter-se promoter transfer by way of gift.
  • Exempted from open offer requirements under SEBI SAST Regulations.
  • Acquisition date was September 2, 2026.
  • Shareholding shift within the promoter category.