AKSHOPTFBRBSEAksh Optifibre LtdHighNegative
Announced Fri, 30 May · 12:01 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dr Kailash Shantilal Choudhari

Ownership Changes View source PDF

AKSHOPTFBR · price

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▲ 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, Promoter and Director of Aksh Optifibre Ltd, sold 1,46,600 equity shares (0.09% of total share capital) through open market transactions on May 27 and May 28, 2025. His personal holding decreased from 92,42,317 shares (5.68%) to 90,95,717 shares (5.59%). Along with Persons Acting in Concert (PACs), the total promoter group holds 1,23,25,583 shares, representing 7.57% of the company. The company's total equity share capital remains unchanged at 16,26,97,971 shares of Rs. 5 each.

Likely market impact

This is a small promoter sell-off of just 0.09% stake and is unlikely to materially impact the stock price. It signals minor trimming by the promoter but does not indicate any significant change in promoter commitment or control of the company.