Jyoti CNC Automation Limited has formally responded to a surveillance inquiry from BSE Limited regarding increased trading volume in the company's shares. The response was submitted on March 18, 2026, addressing concerns raised by the stock exchange's surveillance department.

Company's Official Response

The company addressed BSE's inquiry through its Company Secretary and Compliance Officer, Maulik B. Gandhi. The response was submitted in reference to BSE's email bearing reference number L/SURV/ONL/PV/SG/2025-26/984 dated March 18, 2026.

Key Clarifications

Jyoti CNC Automation Limited provided clear clarifications regarding the volume surge in its shares. The company stated that it has consistently submitted all information and announcements that could have bearing on the price or volume behavior of its scrip.

The company's primary assertion was that the increase in volume is purely market driven. This response indicates that the company does not attribute the trading activity to any specific corporate developments or undisclosed material information.

Compliance and Transparency

The company emphasized its commitment to regulatory compliance by stating that it has "from time to time, submitted all information/announcements" that could impact trading behavior. This statement reinforces the company's adherence to disclosure norms and transparency requirements set by market regulators.

The response was digitally signed by Maulik B. Gandhi in his capacity as Company Secretary and Compliance Officer, ensuring the authenticity and official nature of the communication with BSE surveillance department.

Jyoti CNC Automation Limited's promoter Anilkumar Bhikhabhai Virani has released a pledge on shares worth 10,00,000 equity shares with Aditya Birla Capital Limited. The pledge release was executed on March 11, 2026, and disclosed to stock exchanges on March 13, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Release Details

The share pledge release significantly reduces Virani's encumbered shareholding in the company. The pledge was originally created as security for a business loan, which has now been released.

Promoter Holdings Structure

Anilkumar Bhikhabhai Virani maintains his total shareholding of 3,28,56,340 shares, representing 14.45% of the company's total share capital. The pledge release does not affect his overall ownership stake but reduces the portion of shares under encumbrance.

Regulatory Compliance

The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's shares are listed on BSE Limited and National Stock Exchange of India Limited. The pledge release represents a positive development as it indicates the settlement of the underlying business loan obligation that necessitated the original share encumbrance.