AFILNSEAkme Fintrade (India) LimitedMinimalNeutral
Announced Mon, 4 May · 19:02 IST

Nirmal Kumar Jain 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.

AFIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹9.36
prior close
₹9.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.0+1.0+0.9-3.7-4.0-1.2-3.4-2.5-2.9+0.6+13.7+6.8
Up moveDown movePending
AI summary

Nirmal Kumar Jain, a promoter of Akme Fintrade (India) Limited, has submitted a disclosure under SEBI Regulation 31(4) for the financial year ended March 31, 2026. The declaration confirms that neither the promoter nor any member of the promoter group has created or invoked any encumbrance (pledge) on the equity shares held by them during this period. The filing includes a comprehensive list of 23 entities in the promoter and promoter group, including individuals (Nirmal Kumar Jain, Manju Devi Jain, Deepesh Jain, and others) and corporate entities (Akme Build Estate Limited, The Coronation Castles Private Limited, Akme Star Housing Finance Limited, and others). This is a routine regulatory compliance filing required under SEBI takeover regulations.

Likely market impact

Positive for shareholders as no promoter shares are pledged, indicating stable promoter holding without risk of forced sale or dilution from encumbrance invocation.