
Shareholding4 Nov 2026, 04:52 pm
Akme Fintrade: Promoter Manju Devi Jain Creates Pledge
AI Summary
Akme Fintrade (India) Limited has announced that promoter Ms. Manju Devi Jain has created an encumbrance (pledge) on 1,14,50,000 shares, representing 2.54% of the total share capital. This action was taken on November 2, 2026, to provide additional collateral for investment financing and arrangements taken earlier, as well as to maintain liquidity in prevailing market conditions. Post this event, Ms. Jain's encumbered shares amount to 1,14,50,000, and her total shareholding remains 2,11,61,469 shares (4.72%). The disclosure was made on November 4, 2026, under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Manju Devi Jain pledged 1.14 Cr shares (2.54% of capital).
- Pledge created on November 2, 2026.
- Purpose: Additional collateral for financing and liquidity.
- Disclosure filed on November 4, 2026.
- Total promoter holding remains unchanged at 4.72%.
Price Impact
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