Digikore Studios promoters confirm no share encumbrance in FY26

1 min read     Updated on 30 Jun 2026, 10:18 AM
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Ashish TScanX News Team
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Promoters of Digikore Studios Limited confirmed no new encumbrances on shares for FY ended March 31, 2026, under SEBI regulations. The disclosure was submitted by Abhishek Rameshkumar More on behalf of the promoter group.

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Promoters of Digikore Studios have confirmed that they did not create any encumbrance on the company's shares during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure remains free from new charges or pledges, providing stability to the company's equity base.

Abhishek Rameshkumar More, a promoter of the company, submitted the declaration to the National Stock Exchange of India Limited and the Audit Committee of Digikore Studios Limited. The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers the promoter and promoter group, acting individually or in concert with persons acting in concert.

The disclosure lists the members of the promoter and promoter group as of March 31, 2026. The table below details the individuals and entities classified within the promoter group.

Name(s) of the Promoter(s) and PAC with him Whether the person belongs to Promoter/Promoter Group
Rameshkumar More Promoter Group
Rohit Rameshkumar More Promoter Group
Abhishek Rameshkumar More Promoter
Jhumka More Promoter Group
Prapti More Promoter Group
Digikore Design LLP Promoter Group
Shree M P J Cement Works LLP Promoter

The declaration was signed on April 09, 2026, in Pune. The confirmation excludes any encumbrances that were already disclosed prior to the financial year ended March 31, 2026.

Historical Stock Returns for Digikore Studios

1 Day5 Days1 Month6 Months1 Year5 Years
-3.11%-2.00%-0.19%-23.11%-72.10%-81.87%

How might this clean shareholding structure influence Digikore Studios' ability to secure future funding or strategic partnerships?

What are the potential market reactions to this disclosure regarding the company's governance and financial stability?

Could this move signal a shift in the promoters' strategy, such as preparing for a stake sale or acquisition?

Digikore Studios converts ₹11 crore loan into equity

1 min read     Updated on 28 Jun 2026, 04:43 PM
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Digikore Studios Limited has approved the preferential allotment of 14,15,701 equity shares to promoter Abhishek Rameshkumar More, converting outstanding loans worth ₹11 crore into equity. The Board of Directors passed the resolution on June 25, 2026, setting the issue price at ₹77.70 per share, which includes a premium of ₹67.70 over the face value of ₹10. The allotment was conducted in accordance with Chapter V of the SEBI ICDR Regulations, 2018, and the provisions of the Companies Act, 2013.

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Digikore Studios Limited has approved the preferential allotment of 14,15,701 equity shares to promoter Abhishek Rameshkumar More, converting outstanding loans worth ₹11 crore into equity. The Board of Directors passed the resolution on June 25, 2026, setting the issue price at ₹77.70 per share, which includes a premium of ₹67.70 over the face value of ₹10. This strategic conversion strengthens the company's equity base by addressing promoter debt.

The allotment was conducted in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the provisions of the Companies Act, 2013. The requisite disclosures pursuant to Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026I dated January 30, 2026, have been provided to the exchanges.

Details of the Allotment

The preferential issue was exclusively directed toward the identified promoter. The conversion of the loan into equity shares results in the issuance of fully paid-up shares, aggregating to a total consideration of ₹11 crore.

Particulars Details
Type of securities Equity Shares
Type of issuance Preferential Allotment
Total number of shares 14,15,701
Issue price per share ₹77.70
Face value per share ₹10
Premium per share ₹67.70
Total consideration ₹11,00,00,000
Allottee category Promoter

Allottee Information

The entire tranche of shares has been allotted to a single investor, Abhishek Rameshkumar More, who serves as the Managing Director of the company. The consideration for the allotment was met through the conversion of an existing loan amounting to ₹11 crore.

Sr. No. Name of the Allottee Category Number of Shares Consideration
1 Mr. Abhishek Rameshkumar More Promoter 14,15,701 Conversion of loan of ₹11,00,00,000
Total 14,15,701 ₹11,00,00,000

Historical Stock Returns for Digikore Studios

1 Day5 Days1 Month6 Months1 Year5 Years
-3.11%-2.00%-0.19%-23.11%-72.10%-81.87%

How will the elimination of ₹11 crore in debt impact Digikore Studios' interest obligations and overall profitability in the coming fiscal year?

Does this conversion signal a shift in the company's capital structure strategy toward reducing leverage and strengthening its balance sheet?

What are the potential implications of this increased promoter stake on future corporate governance and decision-making processes?

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