Jullundur Motor Agency (Delhi) Limited Files Promoter Disclosure Under SEBI Takeover Regulations for FY26

2 min read     Updated on 07 May 2026, 03:25 AM
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Jullundur Motor Agency (Delhi) Limited filed its promoter disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the National Stock Exchange of India Limited on 6th April, 2026. The filing covers the financial year ended 31st March, 2026, and includes a declaration by the promoter and promoter group that no encumbrance was created on the company's shares during the period. The promoter group comprises nine individuals and entities, including Deepak Arora, Shuchi Arora, and Virat Sondhi HUF, among others. The disclosure was submitted by Company Secretary and Compliance Officer Ramkesh Pal.

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Jullundur Motor Agency (Delhi) Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited on 6th April, 2026, pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing pertains to the financial year ended 31st March, 2026, and was submitted by the company's promoter and promoter group together with persons acting in concert.

No Encumbrance on Promoter Shares

The promoter and promoter group, along with persons acting in concert, have declared and confirmed that no encumbrance was created on the shares of the company, either directly or indirectly, during the financial year ended 31st March, 2026. This declaration has been made in accordance with the requirements of the SEBI Takeover Regulations and has been submitted to the exchange for record purposes.

The disclosure was signed by multiple members of the promoter and promoter group at Gurugram on 6th April, 2026. The filing was also acknowledged by Ramkesh Pal, Company Secretary and Compliance Officer of Jullundur Motor Agency (Delhi) Limited.

Promoter and Promoter Group Members

The following is the complete list of promoters, promoter group members, and persons acting in concert as disclosed in Annexure A of the filing:

S. No. Name Category
1. Deepak Arora Promoter
2. Santosh Sondhi (Deceased) Promoter
3. Shuchi Arora Promoter
4. Aditi Arora Malik Promoter Group
5. Aashna Arora Promoter Group
6. Manisha Kapoor Promoter Group
7. Virat Sondhi HUF Promoter Group
8. Navneet Arora Promoter Group
9. Varoon Malik Promoter Group

Filing Details

The key details of the regulatory submission are outlined below:

Parameter: Details
Filing Date: 6th April, 2026
Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year: Ended 31st March, 2026
Exchange: National Stock Exchange of India Limited
Registered Office: 458-1/16, Sohna Road, Opp. New Court, Gurugram – 122001, Haryana, India
Compliance Officer: Ramkesh Pal, Company Secretary

The disclosure has been filed as part of the company's ongoing compliance obligations under SEBI regulations, and the exchange has been requested to take the information on record.

Historical Stock Returns for Jullundur Motor Agency

1 Day5 Days1 Month6 Months1 Year5 Years
+1.63%+3.65%+12.11%+2.30%-3.41%+103.12%

How might the succession planning for the promoter group change following the death of Santosh Sondhi, and could this lead to any restructuring of shareholding patterns?

Given the clean encumbrance record, is Jullundur Motor Agency (Delhi) Limited likely to pursue any significant capital raising or acquisition activities in the near future?

How does the promoter group's consistent compliance with SEBI Takeover Regulations position the company for potential strategic partnerships or investor interest in the automotive sector?

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Jullundur Motor Agency Opens Special Window for Share Transfer and Launches IEPFA Campaign for Unclaimed Dividends

2 min read     Updated on 02 May 2026, 08:10 PM
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Jullundur Motor Agency (Delhi) Limited has announced a special window for share transfer and dematerialization requests from February 05, 2026 to February 04, 2027, following SEBI guidelines for physical shares traded before April 01, 2019. The company has also launched the second 100 Days Campaign "Saksham Niveshak" from April 1, 2026 to July 9, 2026, in partnership with IEPFA and MCA to help shareholders claim unclaimed dividends and update KYC details. These initiatives were published in Financial Express and Jansatta newspapers on May 1, 2026, with shareholders advised to contact RTA MAS Services Limited for assistance.

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Jullundur Motor Agency (Delhi) Limited has announced two significant initiatives for its shareholders through newspaper publications on May 1, 2026. The company has opened a special window for share transfer and dematerialization requests while simultaneously launching the second IEPFA campaign to help shareholders claim unclaimed dividends.

Special Window for Share Transfer and Dematerialization

Pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, the company has opened a special window for lodgement of transfer and dematerialization requests for physical securities. This window will remain operational for one year from February 05, 2026 to February 04, 2027.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Duration: One (1) year
Applicable Securities: Physical shares sold/purchased prior to April 01, 2019
Share Credit Format: Dematerialized form only

The special window applies to two specific scenarios:

  • Original share transfer requests that were not lodged prior to April 01, 2019
  • Original share transfer requests lodged before April 01, 2019 but were rejected, returned, or remained unattended due to documentation deficiencies or procedural requirements

During this period, valid and complete requests will be processed in accordance with the SEBI circular, with shares credited only in dematerialized form to the transferee's demat account. The company will not process requests involving disputes, pending litigation, or cases not permissible under applicable law.

Second 100 Days Campaign "Saksham Niveshak"

The Investor Education and Protection Fund Authority (IEPFA) and Ministry of Corporate Affairs have requested companies to re-initiate the Second 100 Days Campaign "Saksham Niveshak" through communication dated March 27, 2026. Jullundur Motor Agency has launched this campaign from April 1, 2026 to July 9, 2026.

Campaign Details: Information
Campaign Name: Saksham Niveshak
Duration: April 1, 2026 to July 9, 2026
Total Days: 100 days
Primary Focus: KYC updation and dividend claims

The campaign specifically targets shareholders who:

  • Have not claimed their dividends for any financial year
  • Have not updated their KYC and nomination details with the company
  • Need assistance with unpaid/unclaimed dividend-related queries

Newspaper Publication Details

The company published these notices in leading newspapers to ensure wide reach among shareholders:

Newspaper: Publication Date: Language:
Financial Express: May 1, 2026 English
Jansatta: May 1, 2026 Hindi

Contact Information and Next Steps

Eligible shareholders are advised to contact the company's Registrar and Share Transfer Agent, MAS Services Limited, for assistance with both initiatives. The RTA can be reached at T-34, 2nd Floor, Okhla Industrial Area, Phase II, New Delhi – 110020, with phone numbers 011-26387281/82/83 and email investor@masserv.com .

For shareholders holding dematerialized shares, the company recommends contacting respective Depository Participants to update KYC details. Details of unclaimed dividends are available on the company's website under the Investor's Information Centre.

Shareholders can download KYC updation forms from the company's website at www.jmaindia.com/downloads.php or from the RTA's website at www.masserv.com/downloads.asp . The duly filled and signed forms, along with KYC documents, should be submitted to MAS Services Limited for processing.

Historical Stock Returns for Jullundur Motor Agency

1 Day5 Days1 Month6 Months1 Year5 Years
+1.63%+3.65%+12.11%+2.30%-3.41%+103.12%

Will other listed companies follow Jullundur Motor Agency's approach to simultaneously run share transfer windows and dividend claim campaigns?

How might the success rate of this second IEPFA campaign compare to previous initiatives in terms of shareholder participation?

Could SEBI extend the February 2027 deadline for physical share transfers if companies report high volumes of pending requests?

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1 Year Returns:-3.41%