Disclosure under SEBI Takeover Regulations

Jullundur Motor Agency (Delhi) Limited (JMA) has filed a disclosure under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This announcement pertains to the acquisition of shares by Smt. Shuchi Arora, identified as a company promoter. The acquisition was executed "by way of transmission," leveraging an exemption under Regulation 10(1)(g) of the SEBI Takeover Regulations, which typically applies to transfers through inheritance or succession. For investors, this indicates an internal restructuring or transfer of shares within the promoter group, rather than an open market acquisition, and represents a routine compliance update.