The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 04, 2025 for Manju Devi Jain
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Manju Devi Jain, a member of the promoter group of Akme Fintrade (India) Ltd, has created a pledge on 28,30,000 equity shares held by her in the company. The pledge is in favour of NU Investors Technologies Private Limited and was created on May 28, 2025. The disclosure was filed with both BSE and NSE on June 4, 2025 under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The exact shareholding percentage and total promoter holding details are not provided in this filing.
Pledge creation by a promoter is generally viewed cautiously by investors as it signals that the promoter is raising funds against her shares, which could indicate financial stress or leveraged expansion. Shareholders should monitor for any future invocation or release of this pledge, as it may affect promoter confidence and stock sentiment.