Acquisitions1 April 2026 at 04:34 am
Jupiter Capital Private Limited Acquires 19.76% Stake in AXISCADES Technologies Ltd Through Pledge
AI Summary
Jupiter Capital Private Limited has acquired a 19.76% stake in AXISCADES Technologies Ltd through the creation of a pledge. The total number of shares encumbered is 41,49,000, which is 19.76% of the total share capital. This acquisition was disclosed under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on March 30, 2026. The encumbrance was created in favor of Aditya Birla Finance Ltd. The post-event holding of encumbered shares is 35,39,000.
Key Highlights
- Jupiter Capital Private Limited acquires 19.76% stake in AXISCADES Technologies Ltd
- Acquisition through creation of pledge
- Total number of shares encumbered: 41,49,000
- Encumbrance created in favor of Aditya Birla Finance Ltd
- Post-event holding of encumbered shares: 35,39,000