Shareholding29 Sept 2026, 12:47 pm
Jyoti CNC Automation: Promoter Encumbrance Release Filing
AI Summary
Jyoti CNC Automation Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the release of encumbrance on shares held by promoter Anilkumar Bhikhabhai Virani. The filing details the release of 1,52,40,000 shares from pledge, which were originally pledged as security for a business loan. Post-release, the promoter's holding in the company remains significant, with a portion still encumbered. The transaction was reported on September 29, 2026, with the release date specified as September 25, 2026.
Key Highlights
- Promoter Anilkumar Bhikhabhai Virani released 1,52,40,000 shares from encumbrance.
- Shares were originally pledged as security for a business loan.
- The release pertains to SEBI (Substantial Acquisition of Shares & Takeovers) Regulations.
- The filing was made on September 29, 2026, with release on September 25, 2026.
- A portion of the promoter's shares remains encumbered.
Price Impact
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