Jash Engineering Promoter Group Member Rahul Patel Acquires 10,000 Equity Shares Through Open Market Purchase

1 min read     Updated on 23 Feb 2026, 02:55 PM
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Overview

Rahul Patel, promoter group member of Jash Engineering Limited, acquired 10,000 equity shares through open market purchase on February 20, 2026, as disclosed under SEBI regulations on February 23, 2026. The transaction increased his shareholding from 3,57,085 shares (0.57%) to 3,67,085 shares (0.58%), while the company's total equity share capital of 6,29,05,120 shares of Rs. 2/- each remained unchanged.

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

Jash engineering has disclosed that promoter group member Rahul Patel acquired 10,000 equity shares of the company through open market purchase. The acquisition was formally disclosed to the stock exchanges on February 23, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition took place on February 20, 2026, through open market purchase. The transaction details are summarized below:

Parameter: Details
Acquirer: Rahul Patel (Promoter Group Member)
Shares Acquired: 10,000 equity shares
Acquisition Mode: Open Market Purchase
Date of Purchase: February 20, 2026
Disclosure Date: February 23, 2026

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in Rahul Patel's shareholding in Jash Engineering Limited. The comparative shareholding position is presented below:

Shareholding Details: Before Acquisition After Acquisition Change
Number of Shares: 3,57,085 3,67,085 +10,000
Percentage Holding: 0.57% 0.58% +0.01%
Voting Rights: 0.57% 0.58% +0.01%

Company Share Capital Structure

Jash Engineering Limited's equity share capital structure remained unchanged following this transaction:

Share Capital Details: Information
Total Equity Shares: 6,29,05,120
Face Value per Share: Rs. 2/-
Listing Exchanges: NSE & BSE
Diluted Share Capital: 6,29,05,120 equity shares

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rahul Patel confirmed that he belongs to the promoter group of the company and submitted the required documentation to both NSE and BSE. The acquisition involved no encumbrances, pledges, or liens on the shares, and no voting rights were acquired through instruments other than equity shares.

Historical Stock Returns for Jash Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%+0.60%+7.54%-24.13%-27.60%+639.34%

NCLT Corrects Appointed Date for Jash Engineering's Merger with Shivpad Engineers

1 min read     Updated on 19 Feb 2026, 04:59 PM
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Reviewed by
Ashish TScanX News Team
Overview

NCLT Indore Bench has corrected the appointed date for Jash Engineering's merger with Shivpad Engineers to April 1, 2024, through an order dated February 16, 2026. This rectifies a typographical error in the original merger sanction order from January 30, 2026, with the corrected documentation now available on official websites.

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

Jash Engineering has received a corrective order from the National Company Law Tribunal (NCLT) Indore Bench regarding its merger with Shivpad Engineers Private Limited. The tribunal issued an order on February 16, 2026, correcting a typographical error in the appointed date for the merger scheme.

NCLT Order Correction Details

The correction addresses an error in the original merger sanction order dated January 30, 2026. The company had filed an application before the NCLT Indore Bench specifically seeking rectification of the typographical error related to the "Appointed Date" mentioned in the initial order.

Parameter: Details
Corrected Appointed Date: April 1, 2024
Correction Order Date: February 16, 2026
Original Sanction Date: January 30, 2026
Merger Entity: Shivpad Engineers Private Limited

Merger Scheme Framework

The merger operates under the Scheme of Arrangement framework, governed by Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. This regulatory structure ensures proper legal compliance for the corporate restructuring between Jash Engineering Limited and Shivpad Engineers Private Limited.

Document Availability and Next Steps

The corrected NCLT order has been made publicly available through multiple channels. The document was published on the NCLT's official website ( www.nclt.gov.in ) on February 18, 2026, and is simultaneously accessible on the company's website. The company has indicated that certified copies of both NCLT orders are currently awaited, with further information to be submitted to the stock exchanges as it becomes available.

Regulatory Compliance Update

This development represents the completion of a crucial administrative correction in the merger process. The company has maintained transparency by promptly informing both the National Stock Exchange of India Limited and BSE Limited about the corrective order, ensuring all stakeholders remain updated on the merger proceedings.

Historical Stock Returns for Jash Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%+0.60%+7.54%-24.13%-27.60%+639.34%

More News on Jash Engineering

1 Year Returns:-27.60%