Shareholding17 Jul 2026, 05:41 pm
Jyoti CNC Automation Promoter Encumbers Shares
AI Summary
Anilkumar Bhikhabhai Virani, a promoter of Jyoti CNC Automation Limited, has disclosed the creation of an encumbrance on 55,00,000 equity shares. This pledge, representing 2.42% of the total share capital, was created on June 29, 2026, as security for a loan extended by Bajaj Finance Limited for business purposes. The disclosure was made on July 17, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-encumbrance, the promoter's holding in the company remains significant.
Key Highlights
- Promoter Anilkumar Bhikhabhai Virani pledged 55,00,000 shares.
- Encumbrance created as security for a business loan from Bajaj Finance.
- Pledge represents 2.42% of the company's total share capital.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
- The event pertains to promoter shareholding changes.
Price Impact
More from JYOTICNC