AKSHOPTFBRNSEAksh Optifibre Limited· Cables - TelecomMediumNeutral
Announced Thu, 5 Jun · 17:38 IST

Aksh Optifibre Limited has informed the Exchange regarding 'Disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 received from Promoter Group'.

Ownership Changes View source PDF

AKSHOPTFBR · 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

Dr. Kailash Shantilal Choudhari, a Promoter of Aksh Optifibre, has gifted 30,00,000 equity shares (1.84% of total share capital) to Mona Kailash Choudhari on May 30, 2025 through an off-market inter-se transfer. As a result of this gift, Mona Kailash Choudhari is now classified as a member of the Promoter Group of the company under Regulation 31A(6)(a) of SEBI LODR Regulations. The total Promoter Group holding remains unchanged at 90,52,868 shares (5.56% of the total paid-up equity capital of 16,26,97,971 shares of Rs. 5 each), as the shares were simply reshuffled within the promoter family.

Likely market impact

This is an internal family arrangement (gift) with no change in total promoter shareholding and no impact on the stock price. Shareholders should note this is purely an estate-planning reshuffle within the promoter family and does not signal any change in control or strategic direction.