Leading Leasing Finance Discloses Disposal of 23,13,000 Shares in Aqylon Nexus Under SEBI Takeover Regulations

Leading Leasing Finance and Investment Company Limited has disclosed the disposal of shares in Aqylon Nexus Limited (formerly known as Sri Adhikari Brothers Television Networks Limited) under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed on 06-06-2026, with the actual transaction having taken place on 05-06-2026 through the open market. Leading Leasing Finance and Investment Company Limited is not classified as part of the Promoter or Promoter Group of Aqylon Nexus Limited.

Transaction Details

The sale involved 23,13,000 equity shares carrying voting rights, representing 0.91% of the total share and voting capital of Aqylon Nexus Limited. The following table summarises the key parameters of the disclosed transaction:

Parameter:	Details
Target Company:	Aqylon Nexus Limited (Formerly Sri Adhikari Brothers Television Networks Limited)
Acquirer/Seller:	Leading Leasing Finance and Investment Company Limited
Promoter/Promoter Group:	No
Listed Exchanges:	BSE Limited; National Stock Exchange of India Limited
Mode of Sale:	Open Market
Date of Sale:	05-06-2026
Shares Sold:	23,13,000
% of Total Share/Voting Capital Sold:	0.91%

Shareholding Before and After Disposal

The disposal resulted in a reduction in Leading Leasing Finance and Investment Company Limited's holding in Aqylon Nexus Limited. The table below captures the pre- and post-transaction shareholding positions:

Metric:	Number of Shares	% of Total Share/Voting Capital	% of Total Diluted Share/Voting Capital
Holding Before Disposal:	3,26,62,121	12.87%	12.87%
Shares Sold:	23,13,000	0.91%	0.91%
Holding After Disposal:	3,03,49,121	11.96%	11.96%

Share Capital of Aqylon Nexus Limited

The total equity share capital of Aqylon Nexus Limited remained unchanged at 25,37,30,560 equity shares of Rs. 1/- each both before and after the transaction. The total diluted share and voting capital of the target company also stood at 25,37,30,560 equity shares of Rs. 1/- each following the disposal.

Regulatory Filing

The disclosure was submitted by Ketan Kumar Gosai, Managing Director of Leading Leasing Finance and Investment Company Limited, to BSE Limited and the National Stock Exchange of India Limited, in compliance with the applicable SEBI regulatory framework governing substantial acquisition of shares and takeovers.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.85%	-10.34%	+10.06%	-57.70%	-89.30%	+31,988.89%

Promoter Kurjibhai Premjibhai Rupareliya reduced his stake in aqylon nexus by selling 37,58,170 equity shares on June 4, 2026. The sale, conducted through the open market, represents 1.48% of the company's total paid-up share capital. Following the disposal, Rupareliya's shareholding has decreased from 48.60% to 47.12%.

The disclosure was submitted to the stock exchanges in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the transaction, the promoter held a total of 12,33,22,428 shares, which included both voting rights and encumbered shares. The total equity share capital of the company remains unchanged at 25,37,30,560 shares of ₹1 each.

Shareholding Details

The breakdown of the promoter's holdings before and after the transaction is detailed below:

Description	Number of Shares	% of Total Share Capital
Holding Before Sale
Shares carrying voting rights	9,43,22,428	37.17%
Shares in encumbrance	2,90,00,000	11.43%
Total	12,33,22,428	48.60%
Disposal
Shares sold	37,58,170	1.48%
Holding After Sale
Shares carrying voting rights	9,05,64,258	35.69%
Shares in encumbrance	2,90,00,000	11.43%
Total	11,95,64,258	47.12%

Transaction Overview

The shares were sold on the open market, and the intimation regarding the sale was dated June 5, 2026. The promoter continues to hold a significant portion of the company's equity, with 2,90,00,000 shares remaining encumbered. Aqylon Nexus Limited is listed on both BSE Limited and National Stock Exchange of India Limited.