Jhaveri Credits & Capital Ltd files SEBI SAST disclosure for Vishnubhai Patel and others

What Jhaveri Credits & Capital Ltd announced

On 1 July 2026, Jhaveri Credits & Capital Ltd (BSE: 531550) filed a disclosure under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing notifies the market that Vishnubhai Patel and other unnamed parties have acquired shares in the company, thereby meeting the threshold that requires a SAST disclosure. No further details – such as the number of shares, percentage of total equity, or consideration paid – were provided in the filing.

Regulation 10(6) disclosure explained

Regulation 10(6) mandates that any person or group acquiring shares which, either individually or acting in concert, cross the 5 % threshold of a listed company's equity must inform the stock exchanges and SEBI. The purpose is to ensure transparency in shareholding patterns and to give existing shareholders timely information about potential changes in control. Once the threshold is crossed, the acquirer must file a detailed statement within two trading days, outlining the number of shares acquired, the mode of acquisition, and any future intent regarding the stake.

Parties involved

The filing specifically names Vishnubhai Patel & Others as the acquirers. Apart from the lead name, the document does not identify the other parties, nor does it disclose whether they are acting in concert or independently. The lack of quantitative data means investors cannot ascertain the exact influence these parties may now hold over the company’s governance.

Key facts at a glance

Why this matters for investors

The filing confirms that a substantial share acquisition has taken place, which could signal a shift in the company’s ownership structure. While the exact size of the stake is unknown, the very fact that a Regulation 10(6) notice was required indicates that the acquisition crossed the 5 % threshold. For existing shareholders, this raises questions about potential changes in board composition, strategic direction, or future share buy‑back plans. However, because the filing does not provide quantitative details, investors must await a subsequent detailed statement from the acquirers or the company to gauge the full impact.

Conclusion

Jhaveri Credits & Capital Ltd has complied with SEBI’s SAST reporting requirements by filing a Regulation 10(6) disclosure on 1 July 2026, acknowledging that Vishnubhai Patel and associated parties have acquired a material shareholding. The filing does not disclose the size of the stake, leaving the precise implications for control and governance unclear. Investors should monitor forthcoming disclosures for additional information on the shareholding percentage and any intended actions by the new shareholders.