Indo-City Infotech Promoter Aneel Jain Increases Stake Through Open Market Purchase

1 min read     Updated on 04 Mar 2026, 10:38 AM
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Reviewed by
Naman SScanX News Team
Overview

Indo-City Infotech Limited disclosed that promoter Aneel Jain acquired 2000 additional equity shares through open market transactions on February 27-28, 2026, increasing his shareholding from 19.00% to 19.02%. The acquisition was conducted in compliance with SEBI regulations, with the company maintaining its total equity capital of 10400000 shares of Rs. 10 each listed on BSE Limited.

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

Indo-City Infotech Limited has announced that promoter Aneel Jain has acquired additional shares in the company through open market transactions. The acquisition represents a marginal increase in the promoter's shareholding and was disclosed in compliance with SEBI regulations governing substantial acquisition of shares and insider trading norms.

Transaction Details

Aneel Jain acquired 2000 equity shares through open market purchases conducted on February 27, 2026 and February 28, 2026. The transaction details are summarized below:

Parameter: Before Acquisition Acquisition After Acquisition
Number of Shares: 1977000 2000 1979000
Shareholding Percentage: 19.00% 0.02% 19.02%
Mode of Acquisition: - Open Market -

Shareholding Structure

The acquisition represents a modest increase in Aneel Jain's stake in the company. Prior to this transaction, he held 1977000 shares representing 19.00% of the total voting capital. Following the acquisition of 2000 additional shares, his total shareholding increased to 1979000 shares, representing 19.02% of the company's equity.

Shareholding Component: Details
Shares with Voting Rights: 1979000
Encumbered Shares: NIL
Voting Rights (Non-Equity): NIL
Convertible Securities: NIL
Total Holding: 1979000 (19.02%)

Company Capital Structure

Indo-City Infotech Limited's equity share capital structure remained unchanged following this transaction. The company maintains its total equity base as follows:

  • Total Equity Shares: 10400000
  • Face Value per Share: Rs. 10
  • Listing Exchange: BSE Limited
  • Scrip Code: 532100

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company filed the necessary Form C and disclosure documents with BSE Limited on March 02, 2026, through authorized signatory Ramesh Chandra Pusola.

The transaction confirms Aneel Jain's continued commitment as a promoter of Indo-City Infotech Limited, with his shareholding marginally increasing through these open market purchases. The acquisition maintains transparency in shareholding changes as required under Indian securities regulations.

Historical Stock Returns for Indo-City Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%+3.97%+10.39%+2.08%+28.43%+406.01%

Indo-City Infotech: Promoter Aneel Jain Increases Stake to 18.92% Through Market Purchase

1 min read     Updated on 21 Feb 2026, 01:17 PM
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Reviewed by
Jubin VScanX News Team
Overview

Indo-City Infotech Limited disclosed that promoter Aneel Jain acquired 3,000 additional equity shares through open market purchase on February 20, 2026, increasing his stake from 18.89% to 18.92%. The company filed necessary regulatory disclosures under SEBI insider trading and substantial acquisition regulations. The total equity share capital remains at 10,400,000 shares of Rs. 10 each, with shares listed on BSE Limited.

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

Indo-City Infotech Limited has announced that promoter Aneel Jain has increased his shareholding in the company through an open market acquisition. The transaction, completed on February 20, 2026, involved the purchase of 3,000 equity shares, representing a marginal increase in his stake.

Transaction Details

The share acquisition has been disclosed under SEBI regulations governing insider trading and substantial acquisition of shares. The following table summarizes the key transaction parameters:

Parameter: Details
Acquirer: Aneel Jain (Promoter)
Shares Acquired: 3,000
Acquisition Mode: Open Market
Transaction Date: February 20, 2026
Stock Exchange: BSE Limited

Shareholding Changes

The acquisition resulted in a modest increase in Aneel Jain's ownership percentage. His shareholding position before and after the transaction is detailed below:

Holding Period: Number of Shares Percentage Holding
Before Acquisition: 1,965,000 18.89%
Shares Acquired: 3,000 0.03%
After Acquisition: 1,968,000 18.92%

Company Share Capital Structure

Indo-City Infotech Limited's equity share capital structure remains unchanged following this transaction. The company maintains its total equity base at 10,400,000 equity shares of Rs. 10 each. The acquisition represents a minimal percentage of the company's total outstanding shares.

Regulatory Compliance

The company has filed the required disclosures under multiple SEBI regulations:

  • Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

The disclosure confirms that Aneel Jain belongs to the promoter group and has no encumbered shares, voting rights through other instruments, or convertible securities. The transaction was executed entirely through open market purchases, maintaining transparency in the acquisition process.

Historical Stock Returns for Indo-City Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%+3.97%+10.39%+2.08%+28.43%+406.01%

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1 Year Returns:+28.43%