NewsOrders & DealsIndo-City Infotech: Promoter Charmy Jain Increases Stake to 0.96% Through Open Market PurchaseIndo-City Infotech: Promoter Charmy Jain Increases Stake to 0.96% Through Open Market Purchase
Indo-City Infotech Limited disclosed that promoter Charmy Jain acquired 4,842 additional shares through open market purchase on December 10, 2025, increasing their stake from 0.91% to 0.96%. The transaction was conducted in compliance with SEBI regulations and demonstrates promoter confidence in the company. The company's total equity capital remains at 10,400,000 shares of ₹10.00 each, with the acquisition representing 0.05% of total voting capital.
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Indo-City Infotech Limited has announced that promoter Charmy Jain has increased their stake in the company through an open market purchase on December 10, 2025. The transaction was disclosed under SEBI regulations governing insider trading and substantial acquisition of shares and takeovers.
Transaction Details
The acquisition involved 4,842 equity shares, representing 0.05% of the company's total voting capital. The purchase was executed through open market transactions, demonstrating the promoter's confidence in the company's prospects.
| Parameter | Details |
|---|---|
| Shares Acquired | 4,842 |
| Acquisition Mode | Open Market |
| Transaction Date | December 10, 2025 |
| Percentage Acquired | 0.05% |
Shareholding Pattern Changes
Following the acquisition, Charmy Jain's total shareholding in Indo-City Infotech Limited has increased meaningfully. The promoter's stake has grown from 95,158 shares to 1,00,000 shares, marking a strategic increase in ownership.
| Shareholding Details | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares | 95,158 | 1,00,000 | +4,842 |
| Percentage Holding | 0.91% | 0.96% | +0.05% |
| Voting Rights | 0.91% | 0.96% | +0.05% |
Company Capital Structure
Indo-City Infotech Limited maintains a stable capital structure with its equity share capital remaining unchanged following this transaction. The company's total equity base provides a solid foundation for its operations in the technology sector.
| Capital Structure | Details |
|---|---|
| Total Equity Shares | 10,400,000 |
| Face Value per Share | ₹10.00 |
| Total Voting Capital | 10,400,000 shares |
| Diluted Share Capital | 10,400,000 shares |
Regulatory Compliance
The transaction was properly disclosed under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, and Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011. The company confirmed receipt of necessary disclosures from the buyer and has informed the Bombay Stock Exchange accordingly.
This promoter acquisition reflects positive sentiment towards the company's future performance and demonstrates alignment between promoter interests and shareholder value creation.
Historical Stock Returns for Indo-City Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.93% | +6.76% | +8.94% | +26.48% | -25.15% | +1,053.15% |
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