JTL Industries Limited has completed a significant promoter group shareholding restructuring through an inter-se transfer of equity shares. Pranav Singla, part of the company's promoter group, acquired 87,93,428 equity shares representing 2.24% of the diluted share capital from his father Vijay Singla on December 10, 2025.

Transaction Structure and Regulatory Framework

The share transfer was executed as a gift transaction without any monetary consideration, qualifying as an off-market purchase under SEBI regulations. This inter-se transfer among immediate relatives falls under the purview of Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company filed the formal disclosure under Regulation 29(2) on December 12, 2025.

Shareholding Changes and Impact

The transaction resulted in a substantial change in the promoter group's shareholding pattern. Pranav Singla's stake in the company increased significantly from 1.37% to 3.61%, while Vijay Singla completely divested his equity holding through this family transfer.

Company Capital Structure

The formal regulatory disclosure confirms JTL Industries' current equity share capital structure remains unchanged following the inter-se transfer. The company maintains its total paid-up equity share capital without any dilution or expansion.

Regulatory Compliance and Documentation

Vijay Singla, the seller, filed the disclosure directly with BSE Limited and National Stock Exchange of India Limited on December 12, 2025, from his registered address in Chandigarh. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was structured as an off-market inter-se transfer by way of gift among immediate relatives, ensuring complete regulatory adherence with SEBI requirements.

Market and Corporate Implications

This promoter group restructuring reflects internal shareholding optimization within the JTL Industries promoter family. The transfer consolidates a larger equity stake under Pranav Singla's direct ownership while maintaining the overall promoter group's collective interest in the company. Such inter-se transfers are common corporate actions that allow promoter families to restructure their shareholding patterns without impacting market dynamics or triggering open offer obligations.

Shareholding Change Notification

JTL Industries Limited has reported a change in its shareholding structure. This update comes as part of the company's compliance with regulatory requirements.

Details of the Change

The specifics of the shareholding change have not been provided in the given information. Typically, such notifications can involve various types of transactions, including:

• Acquisition or disposal of shares by promoters or significant shareholders
• Changes due to preferential allotments
• Alterations resulting from rights issues or bonus shares
• Modifications in shareholding patterns due to mergers or acquisitions

Regulatory Compliance

This disclosure aligns with the LODR (Listing Obligations and Disclosure Requirements) regulations set by SEBI (Securities and Exchange Board of India). These regulations ensure transparency and timely dissemination of important information to shareholders and the public.

Importance for Investors

Shareholders and potential investors should take note of this update as changes in shareholding patterns can potentially impact:

• Company control and management decisions
• Stock price and market perception
• Future corporate actions

Investor Considerations

Investors may want to:

1. Review the detailed shareholding change report when available
2. Assess any potential impact on the company's governance or strategy
3. Consider the change in context with other recent company developments
4. Consult with financial advisors if needed for personalized guidance

It's important to conduct thorough research and consider multiple factors before making investment decisions based on such corporate updates.