The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kurjibhai Rupareliya
AQYLON · price
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Kurjibhai Premjibhai Rupareliya, part of the promoter group of Aqylon Nexus Ltd (formerly Sri Adhikari Brothers Television Networks), sold 38,69,282 shares (1.52% of the company's equity) through the open market on June 9, 2026. Before the sale, his total holding stood at 47.12% (11.95 crore shares including 2.90 crore encumbered shares), which has now reduced to 45.60% (11.57 crore shares). The encumbered (pledged) portion remains unchanged at 11.43%, and the total share capital of the company stays at 25.37 crore equity shares.
A promoter trimming stake via open market sale is generally viewed as a mild negative signal by retail investors, though the 1.52% reduction is relatively modest and the promoter continues to hold a controlling 45.60% stake. The unchanged pledged shares suggest no immediate financial stress for the promoter.