The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 30, 2026 for Jupiter Capital Pvt Ltd
AXISCADES · price
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Jupiter Capital Private Limited, a promoter of Axiscades Technologies Limited, has disclosed the release of encumbrance on 6,10,000 shares (1.44% of total share capital). The shares were previously pledged with Aditya Birla Finance Ltd as security. Following the release, Jupiter Capital's encumbered holding reduced from 41,49,000 shares (9.76%) to 35,39,000 shares (8.32%). The promoter continues to hold 2,46,82,047 shares representing 58.05% of the total share capital.
The release of pledged shares indicates Jupiter Capital has reduced its debt obligation or improved its financial standing. This is a positive development for shareholders as it lowers the risk of forced share selling and demonstrates the promoter's continued commitment with a substantial 58.05% stake intact.