StockWatch
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Non Banking Financial Company (NBFC)
Shareholding6 Nov 2026, 05:32 pm

Ashwani Kumar Gupta Sells 1.63 Cr Shares, Ceases Promoter

AI Summary

Ashwani Kumar Gupta has sold 1,63,83,572 equity shares of Cubical Financial Services Limited, representing 11.28% of the total diluted share capital. This sale, executed via a Share Purchase Agreement dated 15th May 2026, resulted in a change of more than 2% in the company's shareholding. Consequently, Ashwani Kumar Gupta has ceased to be a Promoter of Cubical Financial Services Limited. The transaction occurred on 06th November 2026.

Key Highlights

  • Ashwani Kumar Gupta sold 1,63,83,572 equity shares.
  • The sale represents 11.28% of the total diluted share capital.
  • The transaction resulted in a change of over 2% in shareholding.
  • Ashwani Kumar Gupta has ceased to be a Promoter.
  • Sale was pursuant to a Share Purchase Agreement.