Leading Leasing Finance and Investment Company Limited has sold 1,47,27,668 equity shares of aqylon nexus , reducing its stake in the media company from 13.04% to 7.24%. The open market transaction, executed on July 30, 2026, represents a significant reduction in exposure for the leasing firm, which is not part of Aqylon Nexus’s promoter group. This move alters the shareholder structure of Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Networks Limited.

The disposal was disclosed to BSE Limited and the National Stock Exchange of India Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Leading Leasing submitted the filing on July 31, 2026, confirming that the shares were sold via open market mechanisms rather than off-market transfers or preferential allotments. The total equity share capital of Aqylon Nexus remained unchanged at 25,37,30,560 equity shares of ₹1 each before and after the transaction.

Transaction Details

Prior to this sale, Leading Leasing held 3,30,92,551 shares carrying voting rights, representing 13.04% of the total share capital and 13.04% of the diluted voting capital. Following the disposal, its holding stands at 1,83,64,883 shares, which accounts for 7.24% of both the total and diluted voting capital. The company reported no changes in encumbrances, pledges, or other instruments entitling it to receive additional shares during this period.

What the Numbers Show

The reduction of 5.80% in a single open market transaction indicates a decisive exit strategy or portfolio rebalancing by Leading Leasing. With the stake dropping below the 10% threshold often associated with substantial acquisition disclosures for further increases, the immediate regulatory pressure for future buybacks is reduced. However, retaining a 7.24% stake suggests Leading Leasing may still view Aqylon Nexus as a long-term investment, albeit with reduced concentration risk. The unchanged diluted capital confirms that no convertible securities were exercised or issued during this period, isolating the change purely to equity trading activity.

Leading Leasing Finance and Investment Company Limited has increased its stake in Aqylon Nexus to 10.30% of the total voting capital, following an open market acquisition of 77,73,210 shares on July 31, 2026. This move pushes the acquirer’s holding above the 10% threshold, triggering a mandatory disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition signals continued interest from Leading Leasing in the Mumbai-based company, formerly known as Sri Adhikari Brothers Television Networks Limited.

The transaction was executed entirely through the open market mechanism. Prior to this acquisition, Leading Leasing held 1,83,64,883 shares, representing 7.24% of the total share and voting capital of Aqylon Nexus. With the addition of 77,73,210 shares, the total holding now stands at 2,61,38,093 shares. The acquirer confirmed that it does not belong to the promoter or promoter group of the target company. The disclosure was submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on August 1, 2026, by Ketan Kumar Gosai, Managing Director of Leading Leasing.

Acquisition Details

The following table outlines the change in shareholding structure for Leading Leasing Finance and Investment Company Limited:

Aqylon Nexus has a total equity share capital of 25,37,30,560 equity shares of ₹1/- each. This figure remained unchanged before and after the acquisition. The diluted share/voting capital is also reported as 25,37,30,560 equity shares of ₹1/- each, indicating no outstanding convertible securities or warrants that would alter the voting rights structure upon conversion.

Regulatory Compliance

The disclosure was filed in compliance with SEBI regulations governing substantial acquisitions. Leading Leasing stated that the shares were acquired without any encumbrances such as pledges or liens. There were no changes in voting rights otherwise than by equity shares, nor were there any warrants or convertible securities involved in the transaction. The acquirer has requested the stock exchanges to take the disclosure on record.

What the Numbers Show

The jump from 7.24% to 10.30% represents a significant increase in relative ownership, adding 3.06 percentage points to Leading Leasing’s position. Crossing the 10% mark is often viewed as a signal of stronger conviction in the target company’s prospects, as it moves the investor into a more substantial minority stake category. However, as the acquirer is not part of the promoter group, this remains a strategic investment move rather than a control-seeking takeover bid at this stage.