Aqylon Nexus Promoter Kurjibhai Premjibhai Rupareliya Reduces Shareholding by 0.79% Through Open Market Sale
Aqylon Nexus Limited promoter Kurjibhai Premjibhai Rupareliya sold 19,99,624 shares (0.79% stake) through open market transactions on 27-03-2026, reducing his total shareholding from 59.12% to 58.33%. The transaction was disclosed under SEBI Regulation 29(2) requirements, with his voting rights decreasing from 47.69% to 46.90%. The company's equity structure of 25,37,30,560 shares remains unchanged, and shares continue trading on BSE and NSE.

*this image is generated using AI for illustrative purposes only.
Aqylon nexus promoter Kurjibhai Premjibhai Rupareliya has disclosed a substantial shareholding disposal under SEBI regulations, selling 19,99,624 equity shares through open market transactions. The transaction, completed on 27-03-2026, represents a 0.79% reduction in his stake in the company formerly known as Sri Adhikari Brothers Television Networks Limited.
Transaction Details
The share disposal was conducted through open market sales, with the promoter formally notifying BSE Limited, National Stock Exchange of India Limited, and the company management as required under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 19,99,624 |
| Transaction Date: | 27-03-2026 |
| Mode of Sale: | Open Market |
| Percentage Disposed: | 0.79% |
Shareholding Pattern Changes
The transaction resulted in a reduction of Kurjibhai Premjibhai Rupareliya's overall stake in Aqylon Nexus Limited. His shareholding pattern before and after the disposal shows the following changes:
| Shareholding Component: | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Shares with Voting Rights: | 12,10,02,370 (47.69%) | 11,90,02,746 (46.90%) | -0.79% |
| Encumbered Shares: | 2,90,00,000 (11.43%) | 2,90,00,000 (11.43%) | No change |
| Total Shareholding: | 15,00,02,370 (59.12%) | 14,80,02,746 (58.33%) | -0.79% |
Company Structure
Aqylon Nexus Limited maintains its equity structure with 25,37,30,560 equity shares of Rs.1/- each, with no changes to the total share capital following this transaction. The company, which was formerly known as Sri Adhikari Brothers Television Networks Limited, continues to be listed on both major Indian stock exchanges.
Regulatory Compliance
The disclosure demonstrates adherence to SEBI's substantial acquisition and takeover regulations, with the promoter fulfilling mandatory reporting requirements for transactions affecting shareholding percentages. The formal notification was submitted to both stock exchanges where the company's shares are traded, ensuring transparency in ownership changes.
Kurjibhai Premjibhai Rupareliya remains a significant promoter of the company despite the reduction, maintaining a substantial 58.33% total shareholding including both voting and encumbered shares.
Historical Stock Returns for Aqylon Nexus
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -14.13% | -61.89% | -94.84% | -92.33% | +5.70% |
Will Kurjibhai Premjibhai Rupareliya continue reducing his stake in Aqylon Nexus, potentially signaling a strategic exit from the company?
How might this promoter share sale impact Aqylon Nexus's stock price and investor confidence in the near term?
Could this shareholding reduction indicate upcoming capital requirements or debt obligations that prompted the promoter's liquidity needs?



























