Shareholding11 Jun 2026, 05:51 pm
Mahaveer Infoway: Promoter Ashok Kumar Jain Acquires 1.51 Lakh Shares
AI Summary
Mahaveer Infoway Limited announced that Mr. Ashok Kumar Jain, a promoter, has acquired 1,51,000 equity shares through an off-market transaction. This acquisition increases his total shareholding in the company to 19,09,028 shares, representing 34.65% of the total equity share capital. The transaction was conducted in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and SEBI (Prohibition of Insider Trading) Regulations, 2015. The total equity share capital of the company remains at 55,09,000 shares.
Key Highlights
- Promoter Ashok Kumar Jain acquired 1,51,000 equity shares.
- Acquisition was made through an off-market transaction.
- Promoter's holding increased to 34.65% (19,09,028 shares).
- Transaction complies with SEBI takeover and insider trading regulations.
- Total equity share capital remains unchanged at 55,09,000 shares.
Price Impact
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