Nirmal Jain Increases Holding in Moongipa Capital Finance Through Open Market Purchase
Mrs. Nirmal Jain, a promoter of Moongipa Capital Finance Ltd, acquired a stake in the company through an open market transaction on August 24, 2026. This purchase, made by Mrs. Jain in her capacity as a Promoter and member of the Promoter Group, increased her shareholding in the firm.The transaction involved the acquisition of 40,000 Equity Shares of Moongipa Capital Finance Ltd. The shares were purchased at a rate of R17.02 per Equity Share, resulting in an aggregate transaction value of 26,80,800.00. This acquisition represents approximately 0.44% of the company's total paid-up equity share capital.
Following the open market purchase, Mrs. Jain’s shareholding in Moongipa Capital Finance Ltd increased from 2,03,600 Equity Shares to 2,43,600 Equity Shares.
The details of the acquisition are summarized below:
| Metric | Details |
|---|---|
| Acquirer | Nirmal Jain (Promoter) |
| Target Company | Moongipa Capital Finance Ltd |
| Date of Acquisition | August 24, 2026 |
| Shares Acquired | 40,000 Equity Shares |
| Acquisition Price | R17.02 per Equity Share |
| Aggregate Transaction Value | 26,80,800.00 |
The transaction details show the status of Mrs. Nirmal Jain's holding:
| Parameter | Before Acquisition | After Acquisition |
|---|---|---|
| Number of Equity Shares | 2,03,600 | 2,43,600 |
| Percentage of Shareholding | N/A | 0.44% |
Stock Price Movement
As of 11:16, shares of Moongipa Capital Finance Ltd are edging higher by 2.94%, trading at ₹17.50. The stock has seen movement throughout the day, fluctuating between an intraday low of ₹17.00 and a high of ₹18.00.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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