Aneel Jain Acquired Shares in Open Market for Indo City Infotech Ltd.
Aneel Jain, who is part of the Promoter group, has acquired additional shares of Indo City Infotech Limited in the open market on June 16 and June 17, 2026. The transaction resulted in a slight increase to his holding in the company.The acquisition details show that Aneel Jain's pre-acquisition holding was 2,050,000 shares carrying voting rights, representing 19.71% of the total diluted share voting capital of Indo City Infotech Limited.
In the recent open market transaction, 7,500 shares carrying voting rights were acquired by Aneel Jain. This acquisition amounts to 0.07% of the total diluted share voting capital.
Following this acquisition, his holding increased to 2,057,500 shares carrying voting rights, equating to 19.78% of the total diluted share voting capital. All transactions were conducted in the open market.
The following table summarizes the key details of the shareholder's stake and the recent transaction:
| Metric | Pre-acquisition Holding | Acquisition Details | Post-acquisition Holding |
|---|---|---|---|
| Shares Carrying Voting Rights | 2,050,000 | 7,500 (Open Market) | 2,057,500 |
| Percentage of Total Diluted Share Voting Capital | 19.71% | 0.07% | 19.78% |
Company and Acquisition Context
The acquisition relates to Indo City Infotech Limited, which was listed on BSELIMITED. Aneel Jain holds the shares in concert with the company as a Promoter.Key figures regarding the target company's equity structure prior to and following the transaction are as follows:
| Detail | Pre-acquisition Status | Post-acquisition Status |
|---|---|---|
| Equity Share Capital | 10,400,000 Equity Shares of Rs. 10 each | 10,400,000 Equity Shares of Rs. 10 each |
| Total Diluted Share/Voting Capital | N/A | 10,400,000 Equity Shares of Rs. 10 each |
Stock Price Movement
Shares of Indo City Infotech Ltd. closed on Wednesday at ₹13.47, shedding 2.95%. The shares traded within a volatile range during the day, moving between an intraday low of ₹13.00 and a high of ₹15.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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