The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 02, 2025 for Manju Devi Jain
AFIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Manju Devi Jain, a member of the promoter group of Akme Fintrade (India) Ltd, has created a pledge on 37,00,000 (37 lakh) equity shares of the company. The pledge has been created in favor of NU Investors Technologies Private Limited on 21st May, 2025. The disclosure was filed with the stock exchanges (NSE and BSE) on 2nd June 2025 under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. No shares have been bought or sold — the transaction is purely a pledge creation against existing promoter holdings.
Shareholders should note that promoter group shares have been pledged with a lender, which is a financial obligation. While this does not change ownership, it adds risk if the promoter is unable to meet the loan terms, as the pledgee could invoke the pledge. The pledge size is material and warrants monitoring of any further disclosures.