News Orders & Deals Indo-City Infotech: Promoter Aneel Jain Increases Stake to 18.92% Through Market PurchaseIndo-City Infotech: Promoter Aneel Jain Increases Stake to 18.92% Through Market Purchase
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.18% | -0.63% | -10.67% | +0.73% | -17.15% | +366.81% |
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