Promoter Kurjibhai Premjibhai Rupareliya sold 34,47,102 equity shares of Aqylon Nexus Limited representing a 1.36% stake in the open market on September 15, 2026.

The disposal reduces his voting rights holding from 34.17% to 32.81% of the total share capital. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Structure

Prior to the sale, Rupareliya held 8,66,94,976 shares carrying voting rights. Of these, 2,90,00,000 shares (11.43%) remained encumbered through pledge or lien. The total holding including encumbered shares stood at 45.60% before the transaction and 44.24% after.

The company’s total equity share capital remains unchanged at 25,37,30,560 equity shares of ₹1 each.

What the Numbers Show

The promoter’s encumbered stake remains static at 11.43% despite the reduction in free voting rights. This indicates that the disposed shares were unencumbered, preserving the pledged collateral base while reducing the promoter’s liquid voting control.

Aqylon Nexus Limited will hold its 31st Annual General Meeting on September 30, 2026, to approve the appointment of statutory and secretarial auditors alongside leadership regularizations. The company also filed its annual report for FY26, disclosing a profit after tax of ₹575.80 lakh against a loss of ₹2,236.83 lakh in the previous year.

The company confirmed the dates in an intimation signed by Director Vishnu Rupareliya on September 8, 2026. The closure aligns with the AGM scheduled for Wednesday, September 30, 2026.

Leadership Changes

Parth Rajeshbhai Rupareliya was appointed Managing Director and Chairperson effective September 4, 2026. He succeeds Srivatsava Sunkara, who resigned due to personal commitments. Krunal Shaileshbhai Hapliya was added as an independent director.

Executive Director Kiran Kumar Inampudi resigned on September 3, 2026, citing professional reasons. The board stated there were no other material reasons for his departure.

Vishnu Deepakbhai Rupareliya was appointed as an Additional Director with effect from August 4, 2026. His regularization as an Executive (Non-Independent) Director is on the AGM agenda.

Auditor Appointments

Shareholders will consider the appointment of M/s Bilimoria Mehta & Co., Chartered Accountant (FRN: 101490W), as Statutory Auditors for a period of five years, commencing from the conclusion of the AGM until the conclusion of the sixth consecutive AGM (Financial Year 2027 to 2031).

The company also seeks approval for the appointment of M/s Pooja M Patel & Associates, Practicing Company Secretary (Firm Registration No. A60023), as Secretarial Auditors for a term of five consecutive financial years from 2026-27 to 2030-31. This replaces an earlier proposal to appoint them only for FY2026-27 to fill a casual vacancy following the resignation of the previous secretarial auditor.

Financial Performance

For the financial year ended March 31, 2026, the company reported revenue from operations of ₹1,320.44 lakh, up from ₹601.34 lakh in the previous year. Profit before tax stood at ₹742.29 lakh compared to a loss before tax of ₹(2,236.83) lakh in FY25. Profit after tax was ₹575.80 lakh against a loss after tax of ₹(2,236.83) lakh in the previous year.

AGM and Voting Details

The AGM will be held at Lemon Tree Premier in Malad West, Mumbai, at 2:00 pm. The cut-off date for voting entitlement is September 23, 2026.

E-voting commences on Sunday, September 27, 2026, at 9:00 am and ends on Tuesday, September 29, 2026, at 5:00 pm. M/s Pooja M Patel & Associates serves as the scrutinizer.

Shareholders holding shares as of September 23, 2026, are eligible to vote.