The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 11, 2025 for Deepesh Jain
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Deepesh Jain, a promoter of Akme Fintrade (India) Ltd, has filed a revised disclosure under SEBI's SAST Regulations regarding the creation of a pledge on his equity shares in favour of NU Investors Technologies Private Limited. The original disclosures were filed on June 5 and June 9, 2025, but were revised on July 11, 2025 after BSE raised a query flagging that the 'Reason for encumbrance' column had been left blank. The revision simply fills in this missing field — no change to the underlying transaction. This is an administrative correction, not a new pledge event.
No new impact on shareholders — the pledge itself was already disclosed in June. However, investors should be aware that promoter shares are encumbered, which carries risk of forced sale if the promoter defaults on the pledge obligation. The revision filing is routine compliance housekeeping.