Jupiter Capital sells 10 lakh shares of Axiscades, holding falls to 50.15%
AXISCADES · price
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On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.5 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jupiter Capital Private Limited, a non-promoter shareholder, sold 10,00,000 equity shares (2.35%) of Axiscades Technologies through the stock exchange on June 30, 2026. Post-sale holding is 2,13,31,047 shares at 50.15%, down from 52.50% earlier. Encumbered shares stayed unchanged at 23,51,000 (5.53%). Total holding with voting rights now stands at 55.68%.
Large non-promoter shareholder has trimmed stake to 50.15%, sitting just above the 50% takeover threshold. Investors should watch for further changes.