Inter State Oil Carrier promoter Sanjay Jain buys 400 shares
- Sanjay Jain acquired 400 shares of Inter State Oil Carrier Ltd on August 31, 2026
- Total holding rose to 880,532 shares, representing a 17.6378% stake
- The transaction was executed via the open market
- No shares are held under encumbrance or pledge
*this image is generated using AI for illustrative purposes only.
Sanjay Jain, promoter and managing director of Inter State Oil Carrier Limited , acquired 400 equity shares in the company on August 31, 2026. The open market purchase brings his total stake to 17.6378%.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Jain’s holding increased from 880,132 shares (17.6297%) to 880,532 shares following the transaction.
What the Numbers Show
The purchase represents a marginal increase of 0.0080% in paid-up share capital. No encumbrances or convertible securities were involved in the transaction, indicating a straightforward equity accumulation by the promoter.
Shareholding Details
| Metric | Before Acquisition | Change | After Acquisition |
|---|---|---|---|
| Shares Held | 880,132 | +400 | 880,532 |
| Stake Percentage | 17.6297% | +0.0080% | 17.6378% |
| Encumbrances | None | None | None |
The company’s total equity share capital remains at ₹4,99,23,000, comprising 49,92,300 equity shares of ₹10 each. The disclosure was filed with the BSE Ltd on September 1, 2026.
Historical Stock Returns for Inter State Oil Carrier
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.87% | +32.05% | +36.55% | +71.15% | +40.85% | +202.83% |
Does this incremental purchase signal the promoter's confidence in Inter State Oil Carrier's upcoming financial performance or strategic initiatives?
How might this open market acquisition influence retail investor sentiment and short-term trading volume for the stock?
Are there indications that Sanjay Jain plans further share consolidations to strengthen control ahead of any potential corporate actions?
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