Shareholding4 Nov 2026, 04:55 pm
Akme Fintrade Promoter Manju Devi Jain Pledges 1.87% Shares
AI Summary
Ms. Manju Devi Jain, a promoter of Akme Fintrade (India) Ltd, has disclosed the creation of a pledge on 83,96,000 shares, representing 1.87% of the total share capital. This action, effective November 2, 2026, is intended to provide additional collateral for investment financing and a pre-existing financial arrangement, as well as to maintain liquidity amidst prevailing market conditions. Following this, her direct holding in the company stands at 2,11,61,469 shares (4.72%), with 1,14,50,000 shares (2.55%) now encumbered.
Key Highlights
- Promoter Manju Devi Jain pledged 1.87% of company shares.
- Pledge created on November 2, 2026, for financing and liquidity.
- Post-pledge, promoter holds 4.72% directly.
- 1.14 crore shares (2.55%) are now encumbered.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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