StockWatch
·
Industrial Products
Shareholding26 Aug 2026, 07:30 pm

Jyoti CNC Automation: Promoter Encumbers Shares for Loan

AI Summary

Jyoti CNC Automation Ltd has filed a disclosure regarding the encumbrance of shares by promoter Anilkumar Bhikhabhai Virani. A total of 8.07% of the promoter's holding, amounting to 1,83,52,000 shares, has been pledged as security for a loan extended for business purposes. This action impacts the promoter's post-event holding, reducing it to 14.45% from an initial 26.91% of the total share capital. The encumbrance was created on August 12, 2026.

Key Highlights

  • Promoter Anilkumar Bhikhabhai Virani has pledged shares.
  • Encumbrance is for a business loan.
  • 8.07% of promoter holding is now encumbered.
  • Post-event promoter holding reduced to 14.45%.