Jyoti CNC Automation promoter releases pledge on 19 lakh shares

scanx
Reviewed by
Ashish TScanX News Team
Key Highlights
  • Anilkumar Bhikhabhai Virani released pledge on 19,00,000 shares
  • Encumbered stake falls from 7.54% to 6.70% of total capital
  • Shares were pledged to HDFC Bank for business loan security
  • Other promoters hold 45.01% combined stake with no pledges
powered bylight_fuzz_icon
51252554

*this image is generated using AI for illustrative purposes only.

Jyoti CNC Automation promoter Anilkumar Bhikhabhai Virani released a pledge on 19,00,000 equity shares of the company on September 16, 2026. The disclosure was filed with stock exchanges on September 17, 2026.

The release reduces the number of encumbered shares held by Virani from 1,71,40,000 to 1,52,40,000. This corresponds to a reduction in the percentage of total share capital under encumbrance from 7.54% to 6.70%.

Encumbrance Details

The shares were originally pledged as security for a loan extended for business purposes. The encumbrance was created in favor of HDFC Bank Limited. Following the release, the remaining pledged shares continue to be held by the bank.

Metric Pre-Event Event Post-Event
Total Promoter Holding 3,28,56,340 (14.45%) - 3,28,56,340 (14.45%)
Encumbered Shares 1,71,40,000 (7.54%) Release of 19,00,000 (0.84%) 1,52,40,000 (6.70%)

Other Promoter Holdings

Other promoters in the Jyoti CNC Automation group reported no changes in their encumbrance status during this period. Parakramsinh Ghanshyamsinh Jadeja holds 6,11,88,760 shares (26.91%), while Jyoti International LLP holds 3,67,48,995 shares (16.16%). Neither entity has any encumbered shares.

Sahdevsinh Lalubha Jadeja holds 66,85,400 shares (2.94%), Vikramsinh Raghuvirsinh Rana holds 45,47,500 shares (2.00%), and Vijaysinh Pravirsinh Zala holds 2,19,500 shares (0.10%). All these holdings remain free of encumbrance.

Historical Stock Returns for Jyoti CNC Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+2.55%+19.99%+37.54%+8.82%+137.09%

Will the reduction in promoter pledge ratio improve Jyoti CNC Automation's credit rating or borrowing capacity with HDFC Bank?

How might this decrease in encumbered shares influence institutional investor confidence and the stock's valuation multiples in the near term?

Does the release of these shares signal a broader deleveraging strategy by the promoter, or was it specific to settling a particular business loan?

Jyoti CNC Automation schedules 35th AGM for September 30, 2026

scanx
Reviewed by
Shriram SScanX News Team
Key Highlights
  • Jyoti CNC Automation holds its 35th AGM on September 30, 2026
  • The meeting is scheduled for 12:30 pm in Rajkot, Gujarat
  • Remote e-voting opens on September 27 and closes on September 29
  • Shareholders must hold shares as of September 23, 2026 to vote
powered bylight_fuzz_icon
50494694

*this image is generated using AI for illustrative purposes only.

Jyoti CNC Automation has scheduled its 35th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will take place at 12:30 pm at the company’s facility in Rajkot, Gujarat.

The Board of Directors has dispatched the notice and annual report for FY26 electronically to registered members. Physical intimations with web links are being sent to shareholders without registered email addresses.

Meeting Details

The AGM will be conducted in person at Plot No. 2839, Lodhika GIDC, Vill. Metoda, Dist. Rajkot. Members can access the full annual report and notice on the company website and stock exchange portals.

E-Voting Information

Shareholders holding shares as of the cut-off date can cast their votes via remote e-voting or during the meeting. The company has engaged MUFG Intime India Limited to facilitate the voting process.

Parameter Detail
Cut-off Date September 23, 2026
Remote E-Voting Start September 27, 2026, 9:00 am
Remote E-Voting End September 29, 2026, 5:00 pm
Meeting Date September 30, 2026
Meeting Time 12:30 pm

Members who vote remotely cannot vote again during the physical meeting. Those who have not registered their email addresses are requested to do so with the registrar or depository participant to receive future communications.

Historical Stock Returns for Jyoti CNC Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+2.55%+19.99%+37.54%+8.82%+137.09%

What key financial performance metrics and strategic initiatives for FY26 are highlighted in the annual report dispatched to shareholders?

How might the outcomes of the AGM resolutions impact Jyoti CNC Automation's future capital allocation or dividend policy?

Are there any proposed changes to the Board of Directors or executive compensation that shareholders will be voting on during the meeting?

More News on Jyoti CNC Automation

1 Year Returns:+8.82%