Announced Tue, 5 May · 16:06 IST

Yoginkumar H. Patel has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹26.99
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AI summary

Akash Infra Projects Limited promoter Yoginkumar H. Patel has filed a disclosure confirming the promoter and promoter group collectively hold 1,25,77,468 equity shares as of March 31, 2026. The disclosure lists 22 entities including Yoginkumar H. Patel (38,40,200 shares), Ambusinh P. Gol (39,20,200 shares), Premalsinh Punjaji Gol (10,00,000 shares), and Dineshbhai Haribhai Patel (8,00,000 shares) among the major holders. The filing explicitly declares that no encumbrance of shares has been made directly or indirectly during the financial year ended March 31, 2026. This is a routine periodic compliance filing under SEBI regulations requiring promoters to disclose their shareholding status.

Likely market impact

This is a routine confirmation of existing promoter holdings with no new transactions or encumbrances reported. The explicit declaration of zero encumbrances provides a positive signal regarding the promoter group's financial position and their shares being unpledged.