Blue Jet Healthcare Limited's Promoter Sells Stake to Meet Minimum Public Shareholding Requirement
The National Stock Exchange of India has announced that Akshay Bansarilal Arora, a promoter of Blue Jet Healthcare Limited, has sold a significant stake in the company to comply with the minimum public shareholding requirement. Arora sold 10,734,529 equity shares, representing 6.19% of the company's issued and paid-up capital, on September 10 and 11, 2025. This sale was conducted on the BSE and NSE through the Offer for Sale mechanism.
Key Takeaways:
- Akshay Bansarilal Arora, a promoter of Blue Jet Healthcare Limited, sold 10,734,529 equity shares to comply with the minimum public shareholding requirement.
- The sale represents 6.19% of the company's issued and paid-up capital.
- The sale was conducted on the BSE and NSE through the Offer for Sale mechanism on September 10 and 11, 2025.
- The notice of Offer for Sale was issued to BSE and NSE on September 9, 2025.
- The sale was necessary to meet the minimum public shareholding requirement.
- Blue Jet Healthcare Limited completed the offer for sale, attaching the notice and oversubscription notice to the National Stock Exchange of India.
Statistics:
- 10,734,529 equity shares sold by Akshay Bansarilal Arora.
- 6.19% of the company's issued and paid-up capital represented by the sold shares.
- September 10 and 11, 2025, dates of the sale on the BSE and NSE.
- September 9, 2025, date of the notice of Offer for Sale issued to BSE and NSE.
- 9.19% minimum public shareholding requirement that the company needed to meet.
Sources:
- National Stock Exchange of India: Circular Number: NSE/CIR/2015/ND/004, Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
- https://www.nseindia.com/
- Blue Jet Healthcare Limited: Disclosure pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.