StockWatch
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Industrial Products
Shareholding29 Sept 2026, 12:50 pm

Jyoti CNC Automation Promoter Encumbers Shares

AI Summary

Anilkumar Bhikhabhai Virani, a promoter of Jyoti CNC Automation Ltd, has created an encumbrance on 1,52,40,000 shares, representing 6.70% of the total share capital. This pledge was created on September 28, 2026, as security for a business loan extended by BAJAJ FINANCE LIMITED. The promoter's post-encumbrance holding in the company is 3,28,56,340 shares, which is 14.36% of the total share capital. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Anilkumar Bhikhabhai Virani pledged 6.70% shares.
  • Encumbrance created for a business loan from Bajaj Finance.
  • Total promoter holding post-encumbrance is 14.36%.
  • Disclosure filed under SEBI Takeover Regulations.