Aneel Jain Increases Shareholding in Indo-City Infotech Limited to 19.20%

1 min read     Updated on 13 Mar 2026, 05:38 PM
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Reviewed by
Radhika SScanX News Team
Overview

Promoter Aneel Jain has increased his stake in Indo-City Infotech Limited from 19.05% to 19.20% by acquiring 15,000 equity shares through open market transactions on March 12-13, 2026. The acquisition, representing 0.15% of the company's total share capital, was disclosed under SEBI regulations governing insider trading and substantial share acquisitions. The company's total equity capital remains at 10,400,000 shares of Rs. 10 each.

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*this image is generated using AI for illustrative purposes only.

Indo-City Infotech Limited has announced that promoter Aneel Jain has increased his shareholding in the company through recent open market acquisitions. The BSE-listed technology company disclosed the transaction under SEBI regulations governing insider trading and substantial acquisition of shares.

Share Acquisition Details

Aneel Jain, who belongs to the promoter group, acquired 15,000 equity shares through open market transactions conducted on March 12, 2026 and March 13, 2026. The acquisition represents 0.15% of the company's total share capital.

Parameter: Before Acquisition After Acquisition
Number of Shares: 1,982,000 1,997,000
Percentage Holding: 19.05% 19.20%
Acquisition Mode: - Open Market
Shares Acquired: - 15,000

Company Share Capital Structure

The company's equity structure remained unchanged following the transaction. Indo-City Infotech Limited maintains a total equity share capital of 10,400,000 equity shares with a face value of Rs. 10 each. The acquisition did not involve any encumbered shares, voting rights other than equity shares, or convertible securities.

Regulatory Compliance

The disclosure was made in accordance with Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, and Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed receipt of necessary disclosures from the acquirer and communicated the transaction to the Bombay Stock Exchange.

Transaction Summary

Key highlights of the share acquisition include:

  • Acquirer: Aneel Jain (Promoter)
  • Acquisition Date: March 12-13, 2026
  • Shares Acquired: 15,000 equity shares
  • Transaction Value: 0.15% of total share capital
  • Current Holding: 19.20% of total equity

The transaction demonstrates continued promoter confidence in the company's prospects, with Jain maintaining his position as a significant shareholder in the technology services firm.

Historical Stock Returns for Indo-City Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-4.08%+17.55%+8.44%+22.64%+402.42%

Indo-City Infotech Promoter Aneel Jain Increases Stake Through Open Market Purchase

1 min read     Updated on 04 Mar 2026, 10:38 AM
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Reviewed by
Naman SScanX News Team
Overview

Indo-City Infotech Limited disclosed that promoter Aneel Jain acquired 2000 additional equity shares through open market transactions on February 27-28, 2026, increasing his shareholding from 19.00% to 19.02%. The acquisition was conducted in compliance with SEBI regulations, with the company maintaining its total equity capital of 10400000 shares of Rs. 10 each listed on BSE Limited.

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*this image is generated using AI for illustrative purposes only.

Indo-City Infotech Limited has announced that promoter Aneel Jain has acquired additional shares in the company through open market transactions. The acquisition represents a marginal increase in the promoter's shareholding and was disclosed in compliance with SEBI regulations governing substantial acquisition of shares and insider trading norms.

Transaction Details

Aneel Jain acquired 2000 equity shares through open market purchases conducted on February 27, 2026 and February 28, 2026. The transaction details are summarized below:

Parameter: Before Acquisition Acquisition After Acquisition
Number of Shares: 1977000 2000 1979000
Shareholding Percentage: 19.00% 0.02% 19.02%
Mode of Acquisition: - Open Market -

Shareholding Structure

The acquisition represents a modest increase in Aneel Jain's stake in the company. Prior to this transaction, he held 1977000 shares representing 19.00% of the total voting capital. Following the acquisition of 2000 additional shares, his total shareholding increased to 1979000 shares, representing 19.02% of the company's equity.

Shareholding Component: Details
Shares with Voting Rights: 1979000
Encumbered Shares: NIL
Voting Rights (Non-Equity): NIL
Convertible Securities: NIL
Total Holding: 1979000 (19.02%)

Company Capital Structure

Indo-City Infotech Limited's equity share capital structure remained unchanged following this transaction. The company maintains its total equity base as follows:

  • Total Equity Shares: 10400000
  • Face Value per Share: Rs. 10
  • Listing Exchange: BSE Limited
  • Scrip Code: 532100

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company filed the necessary Form C and disclosure documents with BSE Limited on March 02, 2026, through authorized signatory Ramesh Chandra Pusola.

The transaction confirms Aneel Jain's continued commitment as a promoter of Indo-City Infotech Limited, with his shareholding marginally increasing through these open market purchases. The acquisition maintains transparency in shareholding changes as required under Indian securities regulations.

Historical Stock Returns for Indo-City Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-4.08%+17.55%+8.44%+22.64%+402.42%

More News on Indo-City Infotech

1 Year Returns:+22.64%