Jupiter Wagons Limited announced that its promoter, Tatravagonka A.S., acquired 2,872,340 equity shares, increasing its stake to 19.24%. The shares were obtained through the conversion of warrants issued on June 29, 2024. This acquisition reflects continued investment and confidence in Jupiter Wagons’ growth prospects. The transaction was completed on December 19, 2025.
Promoter Share Acquisition
Tatravagonka A.S., a promoter of Jupiter Wagons Limited, has acquired 2,872,340 equity shares. This acquisition was executed through the conversion of convertible warrants previously issued by Jupiter Wagons.
Details of the Transaction
The warrants converted were part of an issuance made on June 29, 2024. With this conversion, Tatravagonka A.S.’s shareholding in Jupiter Wagons has increased. The acquisition was completed on December 19, 2025.
Updated Shareholding
Following the conversion of warrants, Tatravagonka A.S. now holds 8,22,18,069 shares, representing 19.24% of the total shareholding in Jupiter Wagons. This is an increase from their previous holding of 7,93,45,729 shares, which represented 18.69% of the company.
Financial Details
The value of the shares acquired through this transaction is ₹134,99,99,800 (calculated at ₹470 per share).
Source: BSE
