Jain Irrigation Systems’ promoter Jalgaon Investments has acquired 4,00,200 equity shares of the company for an amount of Rs 3.14 crore through open market purchase on June 28, 2018 and June 29, 2018.
Post this acquisition, the promoter entity’s stake has increased from 106793836 equity shares or 0.22% to 107194036 equity shares or 0.22%.
Jain Irrigation Systems is early pioneer for IOT in the agriculture sector and is leading efforts to create global solutions with precision agriculture.