Arun Jain HUF has disclosed an acquisition of 21,09,108 shares in Intellect Design Arena Limited, representing 1.504% of the total share capital. This transaction took place off-market on September 15, 2026. The acquirer is not part of the promoter group. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Shareholding Change Disclosed
Arun Jain HUF has formally disclosed a recent acquisition of shares in Intellect Design Arena Limited. The transaction involved the purchase of 21,09,108 shares, which accounts for 1.504% of the company’s total share capital. This acquisition was executed via an off-market transaction on September 15, 2026.
Transaction Details
The acquirer, Arun Jain HUF, is not classified as part of the promoter or promoter group of Intellect Design Arena Limited. The shares were acquired as a gift through an off-market transaction. The total value of the acquisition was not explicitly stated, but the percentage stake acquired is significant, indicating a notable change in the company’s shareholding structure.
Regulatory Compliance
This disclosure is made in compliance with the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing ensures transparency regarding significant changes in share ownership for publicly listed companies.
Company Information
Intellect Design Arena Limited is listed on the BSE Limited and the National Stock Exchange of India Limited. The company’s equity share capital before and after this acquisition remains the same, valued at ₹70,08,78,390, divided into 14,01,75,678 equity shares of face value ₹5/- each, fully paid-up.
Source: BSE
