Aequs promoters confirm no encumbrance on shares in FY26

2 min read     Updated on 13 Jun 2026, 07:02 AM
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Aequs Manufacturing Investments Private Limited confirmed no encumbrance on shares held in Aequs Limited for FY26. The disclosure, submitted to NSE and BSE, complies with SEBI Takeover Regulations. A detailed list of 30 promoter and promoter group entities was attached.

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Aequs Manufacturing Investments Private Limited has confirmed that neither it nor persons acting in concert have created any encumbrance, directly or indirectly, on the shares held in Aequs Limited during the financial year ended March 31, 2026. This disclosure ensures that the promoter group's shareholding remains free from charges or liens, which is a key compliance requirement under securities laws.

The confirmation was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates promoters to disclose any encumbrance created on their holdings annually. The filing was signed by Nayana Wali, Director of Aequs Manufacturing Investments Private Limited, on April 08, 2026.

Promoter and Promoter Group Details

The disclosure included a list of all entities and individuals classified as promoters or promoter group members. The list comprises 30 entities, ranging from trusts and foundations to limited liability companies and individuals.

List of Promoter and Promoter Group

Sl. No. Name of Promoter/Promoter Group Promoter/Promoter Group
1. The Melligeri Foundation Promoter
2. Aequs Manufacturing Investments Private Limited Promoter
3. Melligeri Private Family Foundation (Mellwood Trustee Services Private Limited) Promoter
4. Aravind Shivaputrappa Melligeri Promoter
5. Jagadish Melligeri Promoter Group
6. Leela B Naikar Promoter Group
7. Basavant Appanna Patil Promoter Group
8. Babasaheb Appana Patil Promoter Group
9. Venkatesh Shivaputrappa Melligeri Promoter Group
10. Vijaya Basavraj Sugandhi Promoter Group
11. Jayaalaxmi Mineral Private Limited Promoter Group
12. Let's Service Automotive Technologies Private Limited Promoter Group
13. MFO Advisory Services LLP Promoter Group
14. MFRE Properties Private Trust Promoter Group
15. Nandi Estate Developers and Builders Promoter Group
16. Naveen Developers and Builders Promoter Group
17. Akkamahadevi Aravind Melligeri Promoter Group
18. Megha Aravind Melligeri Promoter Group
19. Akhil Aravind Melligeri Promoter Group
20. Nikhil Aravind Melligeri Promoter Group
21. Mayflower Investments LLC Promoter Group
22. Aequs Inc Promoter Group
23. Arabian Private Adventure Co. LLC Promoter Group
24. Ask Air Lease LLC Promoter Group
25. Melligeri Family Irrevocable Trust Promoter Group
26. Melligeri Family Trust Promoter Group
27. Melligeri Investments LLC Promoter Group
28. MFRE Taris LLC Promoter Group
29. MFRE Texas Holdings LLC Promoter Group
30. NIJA Civil Engineering Consultants LLP Promoter Group

The company has requested that this disclosure be placed before the ensuing audit committee meeting of Aequs Limited in accordance with Regulation 31(5) of the Takeover Code.

Historical Stock Returns for Aequs

1 Day5 Days1 Month6 Months1 Year5 Years
+3.62%+1.41%-3.61%+20.54%+20.65%+20.65%

How will the clean status of promoter shares impact Aequs Limited's ability to raise future capital or secure debt?

What strategic initiatives is Aequs Limited likely to pursue in the upcoming financial year given the unencumbered promoter holdings?

Could this disclosure signal potential changes in the promoter group's shareholding structure or acquisition plans?

Aequs subsidiary invests ₹4 crore in Koppal Toys for working capital

1 min read     Updated on 10 Jun 2026, 02:10 AM
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Aequs Toys Private Limited invested ₹4 crore in its step-down subsidiary Koppal Toys Molding COE Private Limited, allotting 4,000,000 equity shares at ₹10 each on a rights basis. The investment aims to support working capital and operational requirements for the toy manufacturing unit, which reported a turnover of ₹11.77 crore and a loss after tax of ₹9.41 crore for FY26. The transaction, exempt from related party transaction regulations under SEBI rules, does not change the listed entity's shareholding percentage.

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Aequs Toys Private Limited, a wholly owned subsidiary of Aequs Limited , has invested ₹4 crore in its step-down subsidiary Koppal Toys Molding COE Private Limited to meet working capital and operational requirements. The investment, disclosed to the exchanges on June 09, 2026, involved the allotment of 4,000,000 equity shares at a price of ₹10 each on a rights basis. This transaction does not alter the percentage shareholding of the listed entity, which retains control through the subsidiary structure.

Koppal Toys Molding COE Private Limited is engaged in the manufacturing and molding of toys and toy products. Incorporated on August 16, 2021, the entity operates solely in India. While the transaction falls within related party definitions, it is exempt under Regulation 23(5) of the SEBI Listing Regulations, 2015, as it occurs between holding and wholly owned subsidiaries. No further governmental or regulatory approvals were required for the investment.

The financial performance of Koppal Toys for the year ended March 31, 2026, shows a turnover of ₹11.77 crore against a loss after tax of ₹9.41 crore. The net worth of the entity stood at ₹8.21 crore as of the same date. The infusion of funds aims to provide necessary liquidity for the subsidiary's business needs.

Financial History of Koppal Toys Molding COE Private Limited

Financial Year Consolidated Total Income
FY 2025-26 ₹11.77 crore
FY 2024-25 ₹2.42 crore
FY 2023-24 ₹1.90 crore

Ravi Mallikarjun Hugar, Company Secretary and Compliance Officer, signed the filing on behalf of Aequs Limited. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, 2015.

Historical Stock Returns for Aequs

1 Day5 Days1 Month6 Months1 Year5 Years
+3.62%+1.41%-3.61%+20.54%+20.65%+20.65%

Will the ₹4 crore infusion be sufficient to reverse Koppal Toys' ₹9.41 crore loss trend in the upcoming fiscal year?

How does Aequs plan to leverage the 387% revenue growth seen in FY 2025-26 to achieve profitability for the subsidiary?

Does this capital injection signal a strategic shift towards expanding the domestic manufacturing capacity for toys in India?

More News on Aequs

1 Year Returns:+20.65%