Jyoti CNC Automation Promoter Encumbers 17.4 Lakh Shares

Anilkumar Bhikhabhai Virani, a promoter of Jyoti CNC Automation Limited, has disclosed the encumbrance of 17,40,000 shares. This action, categorized under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, involves pledging these shares as security for a loan extended by Poonawalla Fincorp Limited for business purposes. The encumbrance was created on August 27, 2026. Following this event, the promoter's post-event holding of encumbered shares is 1,79,52,000, representing 8.66% of the total share capital.