Leading Leasing Finance and Investment Company Limited has reduced its shareholding in Aqylon Nexus Limited by selling 12,00,000 equity shares via the open market. The transaction, executed on June 4, 2026, represents 0.47% of the target company's total paid-up share capital. The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this disposal, the acquirer held 3,38,62,121 shares, accounting for 13.34% of the total voting capital. Following the sale, the entity's stake has decreased to 3,26,62,121 shares, which constitutes 12.87% of the total share capital. The acquirer clarified that it does not belong to the promoter or promoter group of the target company.

Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Networks Limited, has its shares listed on both BSE Limited and National Stock Exchange of India Limited. The total equity share capital of the target company remains unchanged at 25,37,30,560 equity shares of ₹1 each. The diluted share/voting capital is also stated as 25,37,30,560 equity shares.

The filing was signed by Ketan Kumar Gosai, Managing Director of Leading Leasing Finance and Investment Company Limited. The disclosure confirms that the shares sold carried voting rights and that there were no other instruments such as warrants or convertible securities involved in the transaction. The acquirer has requested the stock exchanges to take the disclosure on record.

Shareholding Details

Promoter Kurjibhai Premjibhai Rupareliya has reduced his stake in aqylon nexus by selling 84,04,451 equity shares. The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The sale was conducted via the open market on May 21, 2026. Prior to the transaction, the acquirer held 51.92% of the total paid-up equity share capital of the company. The disposal involved shares carrying voting rights, amounting to 3.31% of the company's total share capital.

Post-Transaction Holdings

Following the disposal, the promoter's holding has decreased to 48.60%. The total number of shares held by the acquirer post-transaction is 12,33,22,428 equity shares. A portion of the promoter's holding remains encumbered, with 2,90,00,000 shares pledged.

Company Capital Structure

The equity share capital of Aqylon Nexus Limited remained unchanged at 25,37,30,560 equity shares of ₹1 each before and after the transaction. The total diluted share capital also stands at 25,37,30,560 equity shares.