StockWatch
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Internet & Catalogue Retail
Shareholding22 Aug 2026, 11:32 am

Just Dial Promoter Group Acquires 0.28% Shares via Gift

AI Summary

Just Dial Limited (JDL) has announced an inter-se transfer of shares within its promoter group. Mr. V.S.S Mani, part of the promoter group, will acquire 2,39,647 equity shares, representing 0.28% of the total share capital, from Mrs. Eshwary Krishnan. This transaction is structured as a gift, with no consideration involved. The acquisition is exempt from an open offer under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The proposed date of acquisition is on or after August 31, 2026. Following the transaction, Mr. Mani's shareholding will increase from 7.61% to 7.89%, while Mrs. Krishnan's will reduce from 0.28% to 0%. The aggregate shareholding of the acquirer and seller remains unchanged.

Key Highlights

  • Promoter group member acquiring 0.28% stake in Just Dial Ltd.
  • Transaction is an inter-se transfer by way of gift, no consideration paid.
  • Acquisition exempt from open offer under SEBI Takeover Regulations.
  • Proposed acquisition date is on or after August 31, 2026.
  • Shareholding of acquirer increases to 7.89% post-transaction.