The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 08, 2025 for Anilkumar Bhikhabhai Virani
JYOTICNC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Anilkumar Bhikhabhai Virani has created a pledge on 23,00,000 shares (1.01% of total share capital) of Jyoti CNC Automation Ltd in favour of Aditya Birla Finance Limited. The pledge was created on 28.03.2025 as security for a business loan. Post this pledge, his encumbered holding stands at 58,52,000 shares (2.57% of share capital), up from 35,52,000 shares (1.56%) earlier. His total promoter holding in the company is 3,28,56,340 shares (14.45%). The total promoter group (six entities) collectively holds about 62.56% of the company.
This is a routine pledge creation by one promoter to secure business funding. At just 1.01% of total share capital and 2.57% encumbered post-event, the pledge is small in size and unlikely to materially affect share price. Investors should monitor if further pledges are created, as large or rising pledges can signal financial stress.