Chandra Prabhu International: Promoter Hemlata Jain Acquires 4.97% Stake Through Market Purchase and Inter-se Transfer
Hemlata Jain, a promoter of Chandra Prabhu International Limited, has acquired a 4.97% stake (183,959 shares) through open market purchases and inter-se transfers. The acquisition includes 2,609 shares bought from the open market and 181,350 shares transferred through the partition of Gajraj Jain HUF. This transaction increased the promoter group's holding from 63.11% to 63.18%, a 0.07% rise. The company's total paid-up capital consists of 36,98,000 equity shares with a face value of Rs. 10 each.

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Chandra Prabhu International Limited , a company listed on the Indian stock market, has reported a significant change in its promoter shareholding. Hemlata Jain, a promoter of the company, has acquired a 4.97% stake through a combination of open market purchases and inter-se transfers.
Acquisition Details
| Transaction Type | Number of Shares | Date | 
|---|---|---|
| Open Market Purchase | 2,609 | February 22-24, 2021 | 
| Inter-se Transfer | 181,350 | May 31, 2021 | 
| Total Acquisition | 183,959 | 
The inter-se transfer of 181,350 shares was a result of the partition and dissolution of Gajraj Jain HUF (Hindu Undivided Family), executed through a total partition deed dated May 24, 2021, among the coparceners of Gajraj Jain HUF.
Impact on Promoter Holding
| Aspect | Before Transaction | After Transaction | 
|---|---|---|
| Promoter Group Holding | 63.11% | 63.18% | 
| Increase in Holding | 0.07% | 
Company Share Capital
The company's total paid-up capital consists of 36,98,000 equity shares with a face value of Rs. 10 each.
Key Points
- The transactions have resulted in a marginal increase in the promoter group's shareholding.
- Despite the change in shareholding, there is no alteration in the management or control of the company.
- The acquisition by Hemlata Jain strengthens the promoter's position within the company's ownership structure.
This development showcases the ongoing dynamics within the promoter group of Chandra Prabhu International Limited, reflecting internal reorganization and market transactions. Investors and market watchers may note this change in shareholding pattern, although the overall impact on the company's management and operations appears to be minimal.
Historical Stock Returns for Chandra Prabhu International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| -0.17% | -2.70% | -17.74% | -0.50% | -31.59% | +245.06% | 































