StockWatch
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Aerospace & Defense
Shareholding11 Nov 2026, 07:40 pm

Aequs Ltd: Promoter Melligeri Releases Pledge on 10.05 Lakh Shares

AI Summary

Aequs Ltd has filed a revised disclosure regarding the release of pledged shares by its promoter, Melligeri Private Family Foundation (Mellwood Trustee Services Private Limited). The promoter released a pledge on 10,05,070 shares, representing 14.99% of the company's total share capital. This release was initially made on October 8, 2026, and the disclosure was revised on November 11, 2026, following BSE's request. The original pledge was created as security for a ₹200 Crore financing facility for the company, intended for investments. The release facilitates the creation of a lock-in on these shares to comply with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Key Highlights

  • Promoter Melligeri Private Family Foundation released pledge on shares.
  • 10,05,070 shares (14.99% of total capital) were released.
  • Pledge was security for a ₹200 Crore company financing facility.
  • Release aims to comply with SEBI ICDR Regulations for lock-in.
  • Revised disclosure submitted on November 11, 2026.