PNC Infratech Limited announced a major internal restructuring involving the promoter group. The Pradeep Kumar Jain HUF, Chakresh Kumar Jain HUF, and Yogesh Kumar Jain HUF collectively transferred 1,96,08,000 equity shares via off-market transactions. These shares were moved to Meena Jain, Chakresh Kumar Jain, Madhavi Jain, and Ashita Jain as part of a family partition. Following the transfer on March 27, 2026, the Transferors’ collective stake dropped to Nil, while the Transferees’ combined holding now represents 20.61% of the total capital.
Internal Promoter Share Transfer Disclosure
PNC Infratech Limited disclosed a significant transaction involving the transfer of equity shares among members of the promoter group, executed on March 27, 2026. This action was conducted via off-market transfers and was specifically pursuant to the partition of the Transferors.
Transaction Details: Transferors and Transferees
The entities categorized as “Transferors”—Pradeep Kumar Jain HUF, Chakresh Kumar Jain HUF, and Yogesh Kumar Jain HUF—disposed of a total aggregate of 1,96,08,000 equity shares. These shares represent 7.65% of the total share capital.
The “Transferees”—Meena Jain, Chakresh Kumar Jain, Madhavi Jain, and Ashita Jain—acquired these shares. Both the Transferors and Transferees are confirmed members of the promoter and promoter group of PNC Infratech Limited.
Shareholding Changes Summary
Pre-Transaction Shareholding (Before March 27, 2026)
Prior to the transaction, the collective holding of the Transferors was 1,96,08,000 shares, representing 7.65% of the total share capital. The collective holding of the Transferees stood at 2,98,12,500 shares, which accounted for 11.64% of the share capital.
Post-Transaction Shareholding (After March 27, 2026)
Following the off-market transfer:
- The Transferors’ holding is now Nil.
- The Transferees’ collective holding increased to 4,94,84,000 shares, equating to 20.61% of the total share capital.
Other members of the promoter and promoter group maintained a steady collective shareholding of 8,84,20,500 shares, representing 34.46%.
Capital Structure Context
The reported equity share capital of the Target Company before and after the acquisition/sale remains constant at 25,65,39,165 equity shares of INR 2 each, amounting to a total value of INR 51,30,78,330.
Source: BSE
