
Siddharth Mehta Acquires Shares from Promoter in Inter-se Transfer involving Jeyyam Global Foods Limited
Jeyyam Global Foods Limited, traded on the National Stock Exchange of India Limited (NSE) under the SCRIP CODE JEYYAM, has been involved in an inter-se transfer of equity shares between members of its promoter group. This transaction involves two separate events detailing the acquisition and subsequent sale of a significant portion of the company's stock.The initial reported acquisition took place on July 28, 2026. Siddharth Mehta acquired 23,74,000 equity shares from Shripal Veeramchand Sanghvi. This transaction was conducted as an off-market inter-se transfer among promoters and was executed at a consideration of Rs. 30 Per Share. The acquisition accounted for 4.998% of the company’s paid-up capital based on the latest shareholding pattern.
Subsequently, Shripal Veeramchand Sanghvi completed an off-market inter-se transfer involving the sale of 23,74,000 equity shares. This disposal was also executed at a consideration of Rs. 30 Per Share and represented 4.998% of the paid-up capital.
Both transactions relate to the movement of stock within the promoter group of Jeyyam Global Foods Limited. The company's aggregate holding status for the Promoter and Promoter Group remains unchanged following these inter-se transfers.
Transaction Summary Details
The key details of the shares transfer are summarized below:| Transaction Type | Date | Transferor/Seller | Acquirer/Transferee | Number of Shares Transferred | Consideration Per Share | Holding Percentage |
|---|---|---|---|---|---|---|
| Inter-se Transfer | July 28, 2026 | Shripal Veeramchand Sanghvi | Siddharth Mehta | 23,74,000 | Rs. 30 | 4.998% |
Capital Structure Details
The company's equity capital structure details prior to and after the transaction were noted as follows:| Metric | Before Transaction | After Transaction | Shares per Share Capital |
|---|---|---|---|
| Equity Share Capital / Total Voting Capital | Rs. 23,74,83,780/- | Rs. 23,74,83,780/- | Fully paid up Equity Shares of Rs. 5 Each |
JEYYAM Stock Price Movement
Jeyyam Global Foods Limited shares slipped on Friday, closing at ₹24.35 after settling down 0.61% from the previous close. The stock traded a volume of 76,000 shares during the session.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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