Manju Jain sells 6,000 Inox India shares for ₹1.24 crore

1 min read     Updated on 01 Jul 2026, 07:26 AM
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AI Summary

Manju Jain, a member of the Promoter Group at Inox India, disposed of 6,000 equity shares for ₹1.23,51,000 on the NSE between June 22 and June 23, 2026. Post-transaction, her holding stands at 634,000 shares, or 0.698% of the equity share capital. The disclosure was made under SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Manju Jain, a member of the Promoter Group at inox india , disposed of 6,000 equity shares on the National Stock Exchange (NSE) between June 22 and June 23, 2026. The sale was executed for a total transaction value of ₹1,23,51,000. Following this disposal, Jain's shareholding in the company decreased to 634,000 equity shares, representing 0.698% of the total equity share capital.

The disclosure was submitted to the stock exchanges on June 26, 2026, by Jaymeen Patel, Company Secretary & Compliance Officer of Inox India Limited. The filing was made in accordance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Prior to the transaction, Jain held 640,000 equity shares, accounting for 0.705% of the share capital.

Transaction Details

The following table outlines the specifics of the share disposal:

Parameter Details
Name of Shareholder Manju Jain
Category Promoter Group
Securities Disposed Equity Shares
Number of Shares 6,000
Transaction Value ₹1,23,51,000
Mode of Disposal On Market
Exchange NSE
Date of Intimation June 26, 2026

Post-Transaction Holdings

After the sale, Manju Jain retains a significant stake in the cryogenic equipment manufacturer. The updated holding details are as follows:

Holding Type Number of Shares Percentage of Share Capital
Post-Disposal Holding 634,000 0.698%

The company confirmed that there were no trades in derivatives by the promoter group member during this period.

Historical Stock Returns for INOX India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%-4.72%+30.94%+70.22%+52.19%+101.54%

Does this sale signal a potential trend of further stake reduction by other members of the promoter group?

How might the market interpret this insider disposal regarding Inox India's future valuation and growth prospects?

What are the intended uses of the proceeds from this transaction, and will they be reinvested into the company or other ventures?

Inox India approves ₹2 dividend at 49th AGM

1 min read     Updated on 24 Jun 2026, 02:36 AM
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AI Summary

Inox India held its 49th AGM on June 23, 2026, approving a dividend of ₹2 per share for FY26. The meeting adopted audited financial statements, reappointed Mr. Pavan Jain as Director, and ratified cost auditor remuneration.

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Inox India held its 49th Annual General Meeting (AGM) on June 23, 2026, approving a dividend of ₹2 per equity share for the financial year ended March 31, 2026. The meeting, conducted via video conferencing, saw the adoption of audited standalone and consolidated financial statements for FY26. Shareholders also approved the reappointment of Mr. Pavan Jain as Director and the ratification of cost auditor remuneration.

The AGM commenced at 12:00 p.m. and concluded at 12:24 p.m., chaired by Mr. Pavan Jain, Chairman and Director of the company. The proceedings were conducted in compliance with the Companies Act, 2013, and regulations issued by the Securities and Exchange Board of India (SEBI). Several independent directors, non-independent directors, and senior executives were present.

Resolutions Passed

The following table summarizes the resolutions approved by the shareholders:

Item No. Brief Description Type of Business Manner of Voting
1 Adoption of Financial Statements for FY26 Ordinary Business Remote e-voting prior & during AGM
2 Declaration of dividend of ₹2 per equity share Ordinary Business Remote e-voting prior & during AGM
3 Reappointment of Mr. Pavan Jain as Director Ordinary Business Remote e-voting prior & during AGM
4 Approval of Material Related Party Transaction(s) with INOX Air Products Private Limited Special Business Remote e-voting prior & during AGM
5 Ratification of Remuneration of Cost Auditors Special Business Remote e-voting prior & during AGM

Remote e-voting commenced on June 19, 2026, and concluded on June 22, 2026. The scrutinizer's report confirmed that all resolutions were passed with the requisite majority. Detailed voting results are available on the company's website and stock exchange platforms.

Historical Stock Returns for INOX India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%-4.72%+30.94%+70.22%+52.19%+101.54%

How will the approved material related party transaction with INOX Air Products Private Limited impact Inox India's operational efficiency and revenue growth?

What strategic initiatives does Mr. Pavan Jain's reappointment as Director signal for the company's future direction?

How does the ₹2 per share dividend reflect Inox India's confidence in its cash flow generation and future profitability?

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1 Year Returns:+52.19%