PNC Infratech Limited has filed disclosures detailing significant inter-se transfers of equity shares among members of the promoter and promoter group. These transactions, executed on March 27, 2026, involved the transfer of shares between several HUFs and individuals, resulting in shifts in percentage holdings. All reported transactions were categorized as off-market transfers and were completed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Regulatory Filing for Shareholding Changes
PNC Infratech Limited submitted a continual disclosure to the stock exchanges regarding changes in the shareholding of its promoter group members, in compliance with the relevant regulations. The disclosure, dated March 31, 2026, covers several transactions that occurred on March 27, 2026.
Summary of Inter-Se Transfers
The documented changes primarily involved off-market inter-se transfers among the promoter and promoter group entities. No derivatives trading was reported during this period.
Key transactions detailed in the filings include:
- Pradeep Kumar Jain HUF: Sold 52,50,000 Equity Shares (2.05%) to other promoter group members.
- Chakresh Kumar Jain HUF: Sold 92,56,500 Equity Shares (3.61%) and simultaneously purchased 92,56,500 Equity Shares (3.61%) from other group members, indicating a net zero change in ownership from this entity, despite transfer activity.
- Yogesh Kumar Jain HUF: Sold 51,01,500 Equity Shares (1.99%) to other promoter group members.
- Chakresh Kumar Jain (Promoter): Purchased 20,00,000 Equity Shares (0.78%) and held 25,14,000 (0.98%) prior to acquisition. Post-acquisition, his holding was reported at 45,14,000 (1.76%).
- Meena Jain: Acquired 1,26,76,500 Equity Shares (4.94%) through the purchase of 52,50,000 shares (2.05%) and receipt of 74,26,500 shares (2.89%) prior to acquisition.
- Madhavi Jain: Acquired 2,52,55,000 Equity Shares (resulting in 9.84% total holding) through the purchase of 72,56,500 shares (2.83%) and receipt of 1,79,98,500 shares (7.02%) prior to acquisition.
- Ashita Jain: Acquired 1,29,75,000 Equity Shares (5.06%) through the purchase of 51,01,500 shares (1.99%) and receipt of 78,73,500 shares (3.07%) prior to acquisition.
Transaction Details
All reported transactions were executed on March 27, 2026, with intimation provided to the company on the same date, and were reported to the exchanges by March 30, 2026. The nature of all these movements was explicitly noted as an inter-se off-market transfer among members of the promoter and promoter group.
Source: BSE