FilingReader Intelligence

Blue Jet Healthcare promoter sells shares to meet public holding norms

September 12, 2025 at 07:01 PM UTCBy FilingReader AI

Akshay Bansarilal Arora, a promoter of Blue Jet Healthcare Limited, sold 10,734,529 equity shares of face value ₹2 each, representing 6.19% of the company's issued and paid-up capital. The sale occurred on September 10 and 11, 2025, via the Offer for Sale (OFS) mechanism on BSE Limited and National Stock Exchange of India Limited, to meet minimum public shareholding (MPS) requirements under Securities Contracts (Regulation) Rules, 1957.

The sale has reduced the promoters' aggregate shareholding from 86.00% to 79.81% of the total issued and paid-up equity share capital. The initial "Base Offer Size" was 5,925,925 equity shares, with an option to additionally sell the same number of shares as an "Oversubscription Option," bringing the total potential Offer Size to 11,851,850 shares (6.83% of total capital) if fully exercised. The floor price for the offer was ₹675 per equity share.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:BLUEJETBombay Stock Exchange

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