Inter State Oil Carrier promoter Sanjay Jain buys 300 shares

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Sanjay Jain acquired 300 equity shares via open market on August 28, 2026
  • Promoter stake increased from 17.6237% to 17.6297%
  • Total holding now stands at 880,132 shares
  • No encumbrances reported on the acquired or existing shares
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*this image is generated using AI for illustrative purposes only.

Sanjay Jain, promoter and managing director of Inter State Oil Carrier Limited , acquired 300 equity shares through the open market on August 28, 2026.

The transaction represents a 0.0060% increase in the company’s total paid-up share capital. Jain disclosed the acquisition under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

Prior to the acquisition, Jain held 879,832 equity shares, constituting 17.6237% of the voting capital. The purchase raised his total stake to 880,132 shares, or 17.6297%.

Metric Before Acquisition After Acquisition
Shares Held 879,832 880,132
Stake Percentage 17.6237% 17.6297%
Encumbrances None None

The company’s total equity share capital remains unchanged at ₹4,99,23,000, comprising 4,992,300 equity shares with a face value of ₹10 each. No warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction.

Historical Stock Returns for Inter State Oil Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+0.26%+33.17%+32.84%+68.92%+38.66%+209.20%

Does this incremental purchase signal Sanjay Jain's confidence in Inter State Oil Carrier's near-term valuation or upcoming operational milestones?

How might this insider buying activity influence retail investor sentiment and short-term trading volume for the stock?

Are there indications that this is part of a larger, phased accumulation strategy by the promoter to consolidate control ahead of potential corporate actions?

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Inter State Oil Carrier promoter Sanjay Jain acquires 500 shares on 26 Aug 2026

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Sanjay Jain acquired 500 equity shares of Inter State Oil Carrier Ltd on August 26, 2026
  • The purchase was made through the open market under SEBI Takeover Regulations
  • His total stake increased from 17.6137% to 17.6237%
  • Total shareholding now stands at 879,832 equity shares
  • No encumbrances or convertible securities exist on the promoter's holding
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49123312

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

Sanjay Jain, promoter and managing director of Inter State Oil Carrier Limited , acquired 500 equity shares on August 26, 2026. This open market purchase increases his total holding to 17.62%.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Jain purchased the shares through the open market, adding to his existing stake in the Kolkata-based company.

Shareholding Details

Prior to this transaction, Jain held 879,332 equity shares, representing 17.6137% of the company’s total paid-up share capital. The new acquisition brings his total holding to 879,832 equity shares.

Metric Before Acquisition After Acquisition
Equity Shares Held 879,332 879,832
Stake Percentage 17.6137% 17.6237%
Shares Acquired - 500

The company’s total equity share capital remains unchanged at ₹4,99,23,000, comprising 49,92,300 equity shares of ₹10 each. There are no encumbrances, warrants, or convertible securities associated with Jain’s holding as per the disclosure.

Historical Stock Returns for Inter State Oil Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+0.26%+33.17%+32.84%+68.92%+38.66%+209.20%

Does this incremental purchase signal a larger accumulation strategy by Sanjay Jain, or is it merely routine portfolio maintenance?

How might this slight increase in promoter holding influence investor sentiment and the stock's short-term volatility in the open market?

Given the minimal change in stake percentage, are there any pending corporate actions or strategic shifts at Inter State Oil Carrier that could justify further insider buying?

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1 Year Returns:+38.66%