Motor & General Finance Exits Jayabharat Credit with Complete 13.6% Stake Sale

1 min read     Updated on 19 Sept 2025, 10:22 AM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

Motor & General Finance Limited (MGF) has sold its entire 13.6% stake in Jayabharat Credit, amounting to 680,000 shares, through an off-market transaction on September 18. The sale was disclosed under SEBI regulations. Following this divestment, MGF's shareholding in Jayabharat Credit has reduced to zero from 13.6%. Jayabharat Credit's total equity share capital remains at 5,000,000 shares. The transaction could potentially impact the stock's trading dynamics on the Bombay Stock Exchange where it is listed.

19803180

*this image is generated using AI for illustrative purposes only.

Jayabharat Credit (formerly known as JA Yabharat Credit Limited) has undergone a significant change in its ownership structure as Motor & General Finance Limited (MGF) divested its entire stake in the company. The transaction, which took place on September 18, involved the sale of 680,000 shares, representing 13.6% of Jayabharat Credit's total voting rights.

Transaction Details

The stake sale was executed through an off-market transaction, as confirmed by the disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following this sale, MGF's shareholding in Jayabharat Credit has been reduced to zero from its previous 13.6% stake.

Impact on Shareholding

Before the transaction:

  • MGF held 680,000 shares, accounting for 13.6% of Jayabharat Credit's voting rights.
  • The total equity share capital of Jayabharat Credit stood at 5,000,000 shares.

After the transaction:

  • MGF's shareholding in Jayabharat Credit has been completely eliminated.
  • The total equity share capital of Jayabharat Credit remains unchanged at 5,000,000 shares.

Market Implications

Jayabharat Credit's shares are listed on the Bombay Stock Exchange (BSE). The substantial exit by a significant shareholder like MGF could potentially impact the stock's trading dynamics and investor perception.

Regulatory Compliance

The transaction adheres to the regulatory requirements, with MGF filing the necessary disclosures as mandated by SEBI regulations. The company confirmed that it did not belong to the promoter or promoter group of Jayabharat Credit.

This strategic move by Motor & General Finance Limited to completely exit its position in Jayabharat Credit marks a notable shift in its investment portfolio. Market participants and investors in Jayabharat Credit will likely be watching closely for any potential changes in the company's direction or performance following this significant change in its shareholding pattern.

Historical Stock Returns for Jayabharat Credit

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+27.34%+50.10%+7.09%+45.85%+651.26%
Jayabharat Credit
View in Depthredirect
like17
dislike

RAM PRAKASH & COMPANY Divests Entire 2.6% Stake in Jayabharat Credit

1 min read     Updated on 16 Sept 2025, 04:51 PM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

RAM PRAKASH & COMPANY PRIVATE LIMITED has sold its entire 2.60% stake (130,005 shares) in Jayabharat Credit through an off-market transaction on September 16, 2025. The company's shareholding in Jayabharat Credit has reduced from 2.60% to 0%. The transaction was reported under SEBI regulations, and RAM PRAKASH & COMPANY was not part of Jayabharat Credit's promoter group. Jayabharat Credit's total equity share capital remains unchanged at 5,000,000 shares.

19567311

*this image is generated using AI for illustrative purposes only.

RAM PRAKASH & COMPANY PRIVATE LIMITED has completely divested its shareholding in Jayabharat Credit , a company listed on the Bombay Stock Exchange (BSE). The transaction, which took place on September 16, 2025, involved the sale of 130,005 shares, representing 2.60% of the total voting rights in Jayabharat Credit.

Transaction Details

The divestment was executed through an off-market transaction, as confirmed by the disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following this sale, RAM PRAKASH & COMPANY's holding in Jayabharat Credit has been reduced to zero from its previous 2.60% stake.

Shareholding Impact

Prior to the transaction, RAM PRAKASH & COMPANY PRIVATE LIMITED held:

Item Value
Shares 130,005
% of total share/voting capital 2.60

Post-transaction, their shareholding stands at:

Item Value
Shares 0
% of total share/voting capital 0.00

Company Structure

It's important to note that RAM PRAKASH & COMPANY PRIVATE LIMITED was not part of the promoter group of Jayabharat Credit. The total equity share capital of Jayabharat Credit remains unchanged at 5,000,000 shares, both before and after the transaction.

Regulatory Compliance

The transaction has been duly reported to the stock exchange as required by SEBI regulations. This disclosure ensures transparency in the shareholding patterns of listed companies and helps investors stay informed about significant changes in ownership.

This divestment represents a complete exit of RAM PRAKASH & COMPANY PRIVATE LIMITED from its minority stake in Jayabharat Credit. The reasons for the sale have not been disclosed.

Historical Stock Returns for Jayabharat Credit

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+27.34%+50.10%+7.09%+45.85%+651.26%
Jayabharat Credit
View in Depthredirect
like19
dislike
More News on Jayabharat Credit
Explore Other Articles
14.95
+0.71
(+4.99%)