Promoter Anilkumar Virani pledges 55 lakh shares with Bajaj Finance
JYOTICNC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than Nifty Smallcap 250 and 3.0 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoter Anilkumar Bhikhabhai Virani of Jyoti CNC Automation pledged 55 lakh shares (2.42 percent of capital) with Bajaj Finance on June 29, 2026 as security for a business loan. Post this, his encumbered holding rises to about 2.97 crore shares (13.07 percent) from 2.42 crore (10.65 percent) earlier. Pledge creation signals promoter raising debt against holdings.
New pledge of 2.42 percent shares lifts promoter encumbrance to 13.07 percent. May raise leverage concerns but funds business.