Jupiter Capital Private Limited sold 46,20,230 equity shares of Axiscades Technologies Limited through the National Stock Exchange of India Limited. This disposal reduced the entity's total shareholding from 55.68% to 44.82% of the company's voting capital.

The transaction was executed in two tranches across late September 2026. Jupiter Capital sold 71,325 shares on September 28, 2026, and a larger block of 45,48,905 shares on September 29, 2026. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding structure changes

Prior to the sale, Jupiter Capital held 2,13,31,047 equity shares carrying voting rights and 23,51,000 shares under encumbrance. The total holding stood at 2,36,82,047 shares, representing 55.68% of the diluted share capital. Following the disposal of 46,20,230 shares, the remaining holding comprises 1,67,10,817 unencumbered shares and 23,51,000 encumbered shares.

Transaction details

The mode of acquisition for this disposal was via stock exchange transactions. The company's equity share capital remained unchanged at 4,25,33,489 shares of ₹5 each, with a total paid-up value of ₹21,26,67,445. This figure excludes 51,100 forfeited shares.

What the numbers show

Jupiter Capital retains a significant encumbered position post-disposal. Of the remaining 1,90,61,817 shares held, 23,51,000 shares (5.53% of total capital) remain under pledge or lien. This indicates that while the entity has reduced its overall exposure by over 10%, more than one-eighth of its residual stake remains tied up as collateral.

Axiscades Engineering Technologies shares flagged a large-trade signal on the NSE, with approximately 1,35,057 shares changing hands at ₹2,011.50 per share, amounting to a combined value of ₹27.17 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Large-trade signal details

The following table summarises the key parameters of the flagged activity:

The signal reflects a cluster of trades in Axiscades Engineering Technologies shares printed within a short window at or near ₹2,011.50, flagged by a real-time trade-scanning system for size and speed. The exchange has not confirmed or reported this activity; no buyer, seller, broker, or client identity is known at this stage.

What this signal is, and is not

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.