Kiran Kumar Jain M sold 3,95,189 shares, or 0.761%, of Raj Television Network in an open market transaction on July 4, 2026. The seller's stake reduced to 13.054%.
Raj Television Network Share Sale
Kiran Kumar Jain M sold 3,95,189 shares of Raj Television Network Ltd. on July 4, 2026.
This transaction reduced his stake by 0.761% to 13.054%.
Reader Takeaway: Stake reduction by a significant shareholder; no immediate operational impact.
What just happened
Kiran Kumar Jain M executed an open market sale of 3,95,189 equity shares in Raj Television Network Limited. This sale, which took place on July 4, 2026, resulted in a reduction of his shareholding by 0.761%.
Why this matters
This disclosure is important for investors as it provides insight into the decisions of major shareholders. While Kiran Kumar Jain M still holds a substantial 13.054% stake, the sale indicates a personal decision to divest a portion of his holdings. The total equity share capital of the company remains Rs. 25.96 Crores.
The backstory
Kiran Kumar Jain M previously held 71,66,769 shares, representing 13.815% of the company. Following the sale, his holdings are now 67,71,580 shares.
What changes now
The shareholding structure has been updated to reflect the reduced stake of Kiran Kumar Jain M. He remains a significant shareholder in the company.
