City Infotech: Promoter Aneel Jain Increases Stake to 18.92% Through Market Purchase

Indo-City Infotech Limited has announced that promoter Aneel Jain has increased his shareholding in the company through an open market acquisition. The transaction, completed on February 20, 2026, involved the purchase of 3,000 equity shares, representing a marginal increase in his stake. Transaction Details The share acquisition has been disclosed under SEBI regulations governing insider trading and substantial acquisition of shares. The following table summarizes the key transaction parameters: Parameter: Details Acquirer: Aneel Jain (Promoter) Shares Acquired: 3,000 Acquisition Mode: Open Market Transaction Date: February 20, 2026 Stock Exchange: BSE Limited Shareholding Changes The acquisition resulted in a modest increase in Aneel Jain's ownership percentage. His shareholding position before and after the transaction is detailed below: Holding Period: Number of Shares Percentage Holding Before Acquisition: 1,965,000 18.89% Shares Acquired: 3,000 0.03% After Acquisition: 1,968,000 18.92% Company Share Capital Structure Indo-City Infotech Limited's equity share capital structure remains unchanged following this transaction. The company maintains its total equity base at 10,400,000 equity shares of Rs. 10 each. The acquisition represents a minimal percentage of the company's total outstanding shares. Regulatory Compliance The company has filed the required disclosures under multiple SEBI regulations: Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 The disclosure confirms that Aneel Jain belongs to the promoter group and has no encumbered shares, voting rights through other instruments, or convertible securities. The transaction was executed entirely through open market purchases, maintaining transparency in the acquisition process. Indo-City Infotech Limited announced that promoter Ishu Jain has increased his shareholding in the company through open market transactions completed on December 10, 2025. The acquisition represents a marginal but notable increase in the promoter's stake in the IT services company. Transaction Details The share acquisition transaction involved specific parameters that demonstrate the promoter's continued confidence in the company's prospects. Parameter: Details Shares Acquired: 1,099 equity shares Acquisition Mode: Open Market Transaction Date: December 10, 2025 Acquisition Value: 0.01% of total share capital Shareholding Pattern Changes The transaction has resulted in a marginal increase in Jain's overall shareholding percentage in Indo-City Infotech Limited. Shareholding Metric: Before Acquisition After Acquisition Change Number of Shares: 658,901 660,000 +1,099 Percentage Holding: 6.34% 6.35% +0.01% Voting Rights: 6.34% 6.35% +0.01% Company Capital Structure Indo-City Infotech Limited's equity capital structure remains unchanged following this transaction. The company maintains its total equity share capital at 10,400,000 equity shares of ₹10 each. No encumbrances, warrants, or convertible securities are associated with this transaction, and Jain holds no voting rights other than through equity shares. Regulatory Compliance The disclosure was made in compliance with SEBI regulations, specifically under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations 2015. As a promoter of the company, Jain's transactions require mandatory disclosure to ensure transparency in shareholding patterns. Market Context The open market acquisition indicates the promoter's continued participation in the company's equity. The transaction maintains the existing capital structure while slightly consolidating promoter holding. Indo-City Infotech Limited operates in the information technology sector and is listed on BSE Limited under scrip code 532100. 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