The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBICAP Trustee Company Ltd

Pledge ReleasedOwnership Changes View source PDF Explain this filing

AXISCADES · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹1682.50

prior close

₹1713.20

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%-0.9% vs market

Aerospace & Defense peers, median of 20sector+1.0%-1.3% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.3 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

-1.4

15m

-0.5

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.6-0.9+1.0-1.3

Next day

-0.2+0.4-0.6+0.2-0.4

+0.6+0.8-0.1+1.6-1.0

+5.1+0.0+5.1+1.0+4.1

-0.4-0.3-0.1+0.2-0.6

+0.3-0.6+0.9-1.1+1.3

-2.3-3.8+1.4-2.9+0.6

15d

+0.3-2.9+3.3-1.8+2.1

-9.4-2.9-6.4-4.2-5.2

-7.3-1.5-5.8-2.7-4.6

-28.8-8.1-20.7-15.5-13.2

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SBICAP Trustee Company Ltd has disclosed a release of 10,04,000 equity shares (2.3625% of Axiscades Technologies) that were earlier pledged by Jupiter Capital Limited. These shares were held as security for Non-Convertible Debentures issued by Jupiter Capital, with SBICAP acting as Debenture Trustee. The release took place on 12 September 2025, and after the release, the encumbered shareholding of STCL stands at NIL. The equity share capital of Axiscades remains unchanged at 4,24,97,653 shares of Rs. 5 each. STCL clarified it is not part of the promoter group and acts only as a trustee.

Likely market impact

This is a positive signal — the release of pledged shares reduces encumbrance on Axiscades stock and suggests Jupiter Capital has met its obligations on the debentures, lowering default risk. For retail investors, this improves the free-float availability of promoter-pledged shares and removes a potential overhang on the stock.