Inter State Oil Carrier promoter Sanjay Jain acquires 550 shares
- Promoter Sanjay Jain acquired 550 equity shares via open market
- Transaction occurred on September 4, 2026
- Stake increased from 17.6458% to 17.6568%
- Total holding now stands at 889,482 shares
*this image is generated using AI for illustrative purposes only.
Promoter and Managing Director Sanjay Jain acquired 550 equity shares of Inter State Oil Carrier Limited in the open market on September 4, 2026.
The acquisition represents 0.0110% of the company’s total paid-up share capital. This transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Shareholding Details
Following the purchase, Mr. Jain’s total holding in the company stands at 889,482 equity shares, comprising 17.6568% of the total voting capital. Prior to this transaction, his holding was 880,932 shares, or 17.6458%.
| Metric | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares Held | 880,932 | 550 | 889,482 |
| Stake (%) | 17.6458% | 0.0110% | 17.6568% |
The mode of acquisition was specified as open market purchase. The company’s total equity share capital remains at ₹4,99,23,000, comprising 49,92,300 equity shares of ₹10 each.
Historical Stock Returns for Inter State Oil Carrier
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -10.00% | +9.28% | +54.59% | +97.28% | +54.79% | 0.0% |
Could this incremental open market purchase by Sanjay Jain signal a broader strategic plan to consolidate control or prepare for a future corporate action?
How might this move influence retail investor sentiment and the stock's liquidity in the near term?
Is this acquisition part of a pattern of consistent stake building by the promoter, or an isolated transaction driven by specific market conditions?
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