The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kurjibhai Premjibhai Rupareliya
AQYLON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Kurjibhai Premjibhai Rupareliya sold 84,04,451 shares (3.31%) of Aqylon Nexus Ltd through open market on May 21, 2026. Before the transaction, he held 13,17,26,879 shares (51.92%) including 2,90,00,000 shares (11.43%) in encumbrance. After the sale, his holding reduced to 12,33,22,428 shares (48.60%). The sale has pushed his total holding below the 50% threshold for the first time, which is a key regulatory threshold under takeover regulations. The acquirer belongs to the Promoter/Promoter group category.
This sale is significant as the promoter's stake has dropped below 50%, potentially signaling reduced promoter commitment. Investors should monitor for further selling or stabilization in the stock.