JAMNA AUTO PROMOTERS SELL 5% HOLDING HOLDING

Market veteran Sunil Singhania’s Abakkus Investment Managers has acquired a 1.48% stake in BlackBuck, the country’s largest trucking platform, while promoters of Jamna Auto Industries have sold a 5% stake in the automotive suspension solutions provider through open-market transactions. BlackBuck shares reacted positively to the block deal, surging 7.21% to Rs 628.15 amid heavy trading volumes. Abakkus Investment Managers purchased 27 lakh shares of BlackBuck, representing a 1.48% stake, from Accel India IV (Mauritius) for Rs 155.5 crore. The shares were transacted at Rs 576.05 apiece. According to the company’s June 2026 shareholding pattern, Accel India IV held a 7.17% stake in BlackBuck, equivalent to around 1.3 crore shares. Meanwhile, promoters Randeep Singh Jauhar and Pradeep Singh Jauhar each offloaded 99.95 lakh shares, representing a 2.5% stake, in Jamna Auto Industries. The combined 5% stake was sold for Rs 255.87 crore at Rs 128 per share. The entire stake sold by the promoters was acquired by three institutional investors. Following the transaction, Jamna Auto Industries shares gained 2.73% to Rs 135.46 amid strong volumes, extending their rally for the fifth consecutive session on Friday.