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  3. Niharika Jain Acquires Additional 1.40% Stake in E & E Enterprises Limited
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India IPO
  • 04 Mar 2026
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 Niharika Jain Acquires Additional 1.40% Stake in E & E Enterprises Limited

Niharika Jain acquired 3,350 equity shares (1.40%) of E & E Enterprises Limited through open market purchase on March 2, 2026, increasing her individual holding from 3.75% to 5.15%. Combined with PAC Akshat Jain, their total holding remains at 9.30% of the company's equity capital.

Niharika Jain Acquires Additional 1.40% Stake in E & E Enterprises Limited

Niharika Jain has increased her stake in E & E Enterprises Limited through a strategic open market acquisition, filing the mandatory disclosure under SEBI regulations on March 3, 2026. Acquisition Details The acquisition involved 3,350 equity shares purchased through open market transactions on March 2, 2026. This purchase represents 1.40% of E & E Enterprises Limited's total share capital. Parameter: Details Shares Acquired: 3,350 Acquisition Date: March 2, 2026 Mode of Purchase: Open Market Percentage Acquired: 1.40% Shareholding Pattern Changes The acquisition resulted in significant changes to Niharika Jain's individual shareholding position in the company. Shareholding: Before Acquisition After Acquisition Change Niharika Jain (Shares): 9,011 12,361 +3,350 Niharika Jain (%): 3.75% 5.15% +1.40% PAC - Akshat Jain (%): 5.55% 4.15% -1.40% Combined Holding (%): 9.30% 9.30% No Change Regulatory Compliance The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Niharika Jain confirmed that she does not belong to the promoter or promoter group of E & E Enterprises Limited. Company Information E & E Enterprises Limited maintains a total equity share capital of 2,40,000 equity shares of Rs. 10 each, fully paid up. The company's shares are listed on the Bombay Stock Exchange Limited. The acquired shares carry the same rights and features as existing equity shares of the company. The disclosure was filed from New Delhi and copied to the company's compliance officer at their registered office in Mumbai, Maharashtra. Akshat Jain has filed a regulatory disclosure with the Bombay Stock Exchange regarding the disposal of equity shares in E & E Enterprises Limited. The transaction, completed on March 2, 2026, involved the sale of 3350 equity shares through open market operations, as mandated under SEBI takeover regulations. Transaction Details The share disposal resulted in a reduction of Jain's stake in the company from 5.55% to 4.15% of the total voting capital. The transaction details are summarized below: Parameter Details Shares Sold 3350 Transaction Value (%) 1.40% Sale Method Open Market Transaction Date March 2, 2026 Disclosure Date March 3, 2026 Shareholding Pattern Changes The disposal has altered the shareholding structure of Akshat Jain and his persons acting in concert (PAC). Prior to the transaction, the combined holding stood at 9.30% of the company's voting capital. Shareholder Category Before Transaction After Transaction Change Akshat Jain (Seller) 13314 shares (5.55%) 9964 shares (4.15%) -3350 shares (-1.40%) PACs (Niharika Jain) 9011 shares (3.75%) 12361 shares (5.15%) +3350 shares (+1.40%) Total Combined Holding 22325 shares (9.30%) 22325 shares (9.30%) No change Company Information E & E Enterprises Limited maintains its equity share capital at 2,40,000 equity shares of Rs. 10 each, fully paid up. The company's shares are listed on the Bombay Stock Exchange Limited. Akshat Jain is not classified as a promoter or part of the promoter group of the target company. Regulatory Compliance The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Secretary of Bombay Stock Exchange Limited, with a copy forwarded to the Compliance Officer of E & E Enterprises Limited at their registered office in Mumbai. The transaction involved equity shares that are on par with existing equity shares of the company, with no special features or conversion ratios applicable. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

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