Uday Jewellery promoter Sanjay Sanghi stake rises to 21.01% after gift

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Sanjay Kumar Sanghi's stake rose to 21.01% following a gift of 14,87,896 shares
  • Sarala Sanghi's holding reduced to nil from 4.37% prior to the transfer
  • Total promoter group holding remains unchanged at 21.01% of voting capital
  • Transaction mode was inter-se transfer by way of gift on September 25, 2026
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Uday Jewellery Industries saw a shift in promoter shareholding as Sanjay Kumar Sanghi acquired 14,87,896 equity shares through an inter-se transfer by way of gift from Sarala Sanghi.

The transaction, executed on September 25, 2026, increased Sanjay Kumar Sanghi's holding to 71,53,318 shares, representing 21.01% of the company's total voting capital. Concurrently, Sarala Sanghi's holding fell to nil from her previous position of 14,87,896 shares (4.37%).

Regulatory Disclosures Filed

The company filed disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7 of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The mode of acquisition was specified as an inter-se transfer by gift, with no cash consideration involved in the open market.

Shareholding Pattern Shift

The following table details the change in promoter holdings resulting from the gift transaction:

Promoter Pre-Transaction Holding Pre-Transaction % Post-Transaction Holding Post-Transaction %
Sanjay Kumar Sanghi 56,65,422 16.64% 71,53,318 21.01%
Sarala Sanghi 14,87,896 4.37% Nil Nil
Total 71,53,318 21.01% 71,53,318 21.01%

What the Numbers Show

The aggregate promoter holding remains unchanged at 21.01% of the total voting capital, indicating that the transaction was purely a redistribution within the promoter group rather than an external acquisition or dilution. The total equity share capital of the company remained constant at ₹34,05,29,250 before and after the transaction.

Historical Stock Returns for Uday Jewellery Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%+2.70%+15.69%+12.07%+12.07%+12.07%

Will the consolidation of promoter shares under Sanjay Kumar Sanghi influence future corporate governance decisions or strategic pivots for Uday Jewellery Industries?

How might this internal share redistribution impact the company's eligibility for inclusion in indices that track promoter holding stability or concentration?

Are there plans for the Sanghi family to increase their aggregate stake beyond 21.01% through open market purchases or preferential allotments in the near term?

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Uday Jewellery Industries shares to list on NSE from Sept 25

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Reviewed by
Shraddha JScanX News Team
Key Highlights
  • Uday Jewellery Industries shares start trading on NSE on Sept 25, 2026
  • Listing covers 3,40,52,925 equity shares under direct listing norms
  • Shares continue to remain listed and traded on BSE Limited
  • Lock-in periods for select share blocks extend until March 2028
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Uday Jewellery Industries Limited announced that its equity shares will be listed and admitted to dealings on the National Stock Exchange of India (NSE) with effect from Friday, September 25, 2026.

The listing involves 3,40,52,925 fully paid-up equity shares with a face value of ₹10 each. This admission follows the company's application under the Direct Listing norms of the NSE, applicable to entities already listed on another recognized stock exchange. The National Stock Exchange granted approval via a letter dated September 23, 2026.

Listing Details and Share Structure

The company continues to maintain its listing on BSE Limited. The specific details of the securities admitted to trading on the NSE are outlined below:

Particulars Details
Description of Securities Equity shares of ₹10 each, fully paid up
Symbol UDAYJEW
Series EQ
Number of Securities 3,40,52,925
Market Lot 1
Distinctive Numbers 1 to 3,72,15,825

Note: The distinctive number range includes 31,62,900 forfeited equity shares that have not been re-issued.

Lock-in Periods for Promoters and Others

The annexure provided by the exchange details the lock-in status for various tranches of shares. A significant portion of the shareholding remains free from lock-in restrictions, while specific blocks are subject to varying expiration dates extending up to March 31, 2028.

Distinctive Numbers Range Number of Shares Lock-in Status
1 to 11,671,500 1,16,71,500 Free
14,834,401 to 25,184,800 1,03,50,400 Free
25,184,801 to 25,784,800 6,00,000 Up to Jan 31, 2027
25,784,801 to 25,884,800 1,00,000 Up to Mar 31, 2027
25,884,801 to 26,084,800 2,00,000 Free
26,084,801 to 26,984,800 9,00,000 Up to Aug 31, 2027
26,984,801 to 36,765,825 97,81,025 Free
36,765,826 to 36,915,825 1,50,000 Up to Mar 31, 2028
36,915,826 to 37,215,825 3,00,000 Up to Mar 31, 2027

Compliance and Reporting

The company confirmed that all future filings and corporate actions requiring exchange approval must be submitted through the NSE Electronic Application Processing System (NEAPS). The information was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Uday Jewellery Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%+2.70%+15.69%+12.07%+12.07%+12.07%

How might the addition of NSE listing impact Uday Jewellery's trading liquidity and bid-ask spreads compared to its existing BSE-only trading history?

What are the potential market implications of the significant lock-in expirations scheduled for early 2027 and 2028 on future share supply?

Will dual-listing on NSE enable Uday Jewellery to attract a broader institutional investor base that previously restricted investments to NSE-listed assets?

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1 Year Returns:+12.07%