Jullundur Motor Agency Announces Change in Promoter Status Following Share Transmission
Jullundur Motor Agency (Delhi) Limited has announced a change in its promoter status following the passing of Smt. Santosh Sondhi, a promoter of the company. The shares held by Smt. Santosh Sondhi were subsequently transmitted to her daughter and director, Smt. Shuchi Arora. As a result of this transmission, Smt. Santosh Sondhi has ceased to be a Promoter of the Company.The agency provided an updated list detailing the members of the Promoter Group subsequent to the shareholding transmission. The company's promoter group includes several key individuals and entities holding various categories of shares.
| S. No. | Name of the Promoters and member of Promoter Group | Category | Total Nos. shares held | % of Share Capital |
|---|---|---|---|---|
| 1 | Shuchi Arora | Promoter | 90,73,711 | 39.73 |
| 2 | Deepak Arora | Promoter | 13,25,500 | 5.80 |
| 3 | Aditi Arora Malik | Promoter Group | 4,58,660 | 2.01 |
| 4 | Aashna Arora | Promoter Group | 4,25,570 | 1.86 |
| 5 | Manisha Kapoor | Promoter Group | 1,41,840 | 0.62 |
| 6 | Navneet Arora | Promoter Group | 1,17,640 | 0.52 |
| 7 | Virat Sondhi ( HUF) | Promoter Group | 45,900 | 0.20 |
| 8 | Varoon Malik | Promoter Group | 60,217 | 0.26 |
| Total | Total | Total | 1,16,49,038 | 51.00 |
The company confirmed that due to the shareholding transmission event, there has been no change in the total shareholding of the promoters and promoter group.
JMA Stock Price Movement
Shares of Jullundur Motor Agency (Delhi) Limited shed 3.58% in trading today, settling at ₹93.32. The equity witnessed a session range, dipping as low as ₹92.31 before climbing to a high of ₹97.0.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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