AFILBSEAkme Fintrade (India) LtdHighNegative
Announced Fri, 6 Jun · 10:04 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 05, 2025 for Deepesh Jain

Ownership Changes View source PDF

AFIL · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Deepesh Jain, a member of the promoter group of Akme Fintrade (India) Ltd, has created a pledge on 9,15,000 equity shares in favour of NU Investors Technologies Private Limited on June 4, 2025. The pledged shares represent 0.21% of the company's total share capital. Prior to the pledge, Deepesh Jain held 69,78,800 shares (1.64% of share capital) in the company. The disclosure was filed with both BSE and NSE under Regulation 31(1) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Likely market impact

This is a routine encumbrance disclosure and reflects only a small portion of the promoter's holding being pledged. Shareholders should note that pledged shares carry default risk if loan obligations are not met, but the amount is minor and unlikely to materially affect stock price or promoter control.