JTL Industries Limited has announced the completion of its ₹46.50 crore payment for the acquisition of RCI Industries & Technologies Limited, marking a significant milestone in the company's expansion strategy. The payment, made in accordance with the National Company Law Tribunal (NCLT) approved resolution plan, was finalized on November 19, 2025.

Acquisition Details

The company successfully adhered to the 60-day payment timeline set by the tribunal following the approval of the resolution plan. The payment was executed in two tranches:

This acquisition, approved by the NCLT's New Delhi Bench on October 9, 2025, is part of JTL Industries' strategic move to strengthen its market position.

Insider Trading Disclosure

In a separate development, Mr. Pranav Singla, a Whole-time Director and member of the promoter group of JTL Industries Limited, has increased his stake in the company. On November 18, 2025, Mr. Singla acquired 5,00,000 equity shares from the open market, representing 0.13% of the company's paid-up equity share capital.

This acquisition by a promoter group member may be seen as a sign of confidence in the company's future prospects.

Company Overview

JTL Industries Limited has a total equity share capital of ₹39,30,81,630, consisting of 39,30,81,630 equity shares with a face value of ₹1 each.

JTL Industries Limited , a key player in the Indian manufacturing sector, has reported a significant insider stock acquisition. Pranav Singla, a Whole-time Director and member of the promoter group, has increased his stake in the company through an open market purchase.

Transaction Details

On November 18, 2025, Pranav Singla acquired 5,00,000 equity shares of JTL Industries Limited, representing 0.13% of the company's paid-up equity share capital. This transaction was executed through the open market, as disclosed under the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares.

Shareholding Impact

The acquisition has resulted in a notable increase in Singla's shareholding in JTL Industries. Here's a breakdown of the changes:

Company's Capital Structure

JTL Industries Limited's total equity share capital remains unchanged at INR 39,30,81,630, comprising 39,30,81,630 equity shares of INR 1 each. This structure has not been affected by the recent acquisition.

Market Implications

While the immediate market reaction to this insider buying is yet to be seen, such transactions often signal confidence in the company's prospects from those with intimate knowledge of its operations. Investors and market analysts may interpret this move as a positive indicator for JTL Industries' future performance.

Regulatory Compliance

The company has duly filed the required disclosures with both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), where JTL Industries is listed. This adherence to regulatory requirements ensures transparency for all stakeholders.

As the Indian manufacturing sector continues to evolve, moves like these by company insiders will be closely watched by the investment community for insights into potential future developments at JTL Industries Limited.