The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jupiter Capital Pvt Ltd
AXISCADES · price
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Awaiting price reaction for this filing.
Jupiter Capital Private Limited, a non-promoter entity, sold 5,00,000 equity shares (1.18% of equity capital) of Axiscades Technologies Ltd through open market transactions on BSE and NSE on 11 June 2025. Jupiter Capital's voting shareholding dropped from 51.08% (2,17,08,047 shares) to 49.90% (2,12,08,047 shares) following this sale, taking its total exposure including 35,74,000 encumbered shares (8.41%) from 59.49% to 58.31%. The filing explicitly confirms Jupiter Capital does not belong to the promoter/promoter group. The equity share capital of Axiscades remains at 4,24,97,653 shares of Rs. 5 each (Rs. 21.25 crore paid-up).
A non-promoter large shareholder trimming its stake below the 50% voting mark could be viewed as a mild negative signal by retail investors, though the sale size is small (just over 1% of equity). Watch for any further disclosures, as creeping sell-downs near key thresholds often attract market attention.