Promoter group entity M/s Subhash Jain & Sons HUF acquired 1,12,800 shares of Jainik Power through a preferential allotment, raising its stake from 4.58% to 5.37% and crossing the 5% disclosure threshold.
A manufacturer and supplier of aluminium rods, Jainik Power and Cables Limited serves customers across India's electrical and industrial sectors. Incorporated in 2011, the company specializes in producing high-quality aluminium conductors for power transmission and distribution applications. Its core operations focus on delivering reliable aluminium rod products to meet diverse industrial and commercial requirements across multiple end-user segments.
