Puspamitra Das, a promoter of Justo Realfintech Limited, has acquired 1,000 additional equity shares of the company through open market purchase. The acquisition was disclosed to BSE Limited on January 3, 2026, under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition took place on January 2, 2026, through open market purchase. The transaction represents a minimal increase in Das's existing shareholding in the real estate technology company.

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in Das's shareholding percentage in Justo Realfintech Limited. His total holding now represents 38.19% of the company's total share capital.

Company Information

Justo Realfintech Limited is listed on BSE Limited and operates in the real estate technology sector. The company's equity share capital stands at ₹18,79,81,420, consisting of 1,87,98,142 equity shares of ₹10.00 each. The total share capital remained unchanged following this transaction.

The company's registered office is located at 2nd Floor, A Wing, Indiana Business Centre, Makwana Road, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra 400059. Das continues to hold his position as a promoter of the company following this acquisition.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. As a promoter, Das is required to disclose any changes in his shareholding pattern to ensure transparency for investors and regulatory authorities.

Justo Realfintech Limited has been penalized by the Registrar of Companies (RoC), Mumbai for violating provisions of the Companies Act, 2013. The company received an adjudication order on December 30, 2025, imposing a total penalty of ₹3.00 lakh for contraventions related to private placement procedures.

Regulatory Action Details

The RoC Mumbai issued an order for adjudication against Justo Realfintech Limited for violation of Section 42(4) of the Companies Act, 2013. The regulatory action stems from a compounding application made by the company itself for the violation.

Nature of Violation

The violation pertains to the utilization of funds raised through private placement prior to filing the return of allotment with the Registrar. This contravention falls under Section 42(4) of the Companies Act, 2013, which governs the procedures and compliance requirements for private placement of securities.

Penalty Structure

The monetary penalty has been distributed between the company and its directors under the penal provisions of Section 42(10) of the Companies Act:

Financial Impact

The regulatory action results in a direct financial impact of ₹3.00 lakh on Justo Realfintech Limited and its directors. The penalty represents the quantifiable monetary consequence of the compliance violation related to private placement fund utilization procedures.