Shareholding17 Jul 2026, 05:41 pm
Jyoti CNC Automation: Promoter Encumbers 19 Lakh Shares
AI Summary
Jyoti CNC Automation Limited has filed a disclosure regarding the encumbrance of shares by promoter Anilkumar Bhikhabhai Virani. A total of 19,00,000 shares were pledged as security for a business loan extended on July 2, 2026, and subsequently released on July 10, 2026. The filing also details the promoter's shareholding and the status of encumbered shares before and after these events. The total promoter holding by Anilkumar Bhikhabhai Virani is 3,28,56,340 shares, representing 14.45% of the total share capital.
Key Highlights
- Promoter Anilkumar Bhikhabhai Virani pledged 19 lakh shares.
- Shares were pledged as security for a business loan.
- The encumbrance was subsequently released.
- Details pertain to SEBI (Substantial Acquisition of Shares & Takeovers) Regulations.
- Promoter holding remains significant post-transaction.
Price Impact
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