Pine Oak Global Fund has increased its equity stake in Aqylon Nexus Ltd to 5.61% following an open market purchase of 25,00,000 shares on July 28, 2026. This latest acquisition brings the fund’s total holding to 1,42,42,650 shares, reinforcing its position as a significant institutional investor in the company. The move triggers mandatory disclosure obligations under SEBI’s takeover regulations and signals sustained confidence in Aqylon Nexus’s market prospects.

The disclosure was filed with the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pine Oak Global Fund is not part of the promoter or promoter group of Aqylon Nexus Ltd.

Acquisition Details

The acquirer purchased the shares in the open market, increasing its voting rights by 0.98%. There were no encumbrances, pledges, liens, or non-disposal undertakings associated with the acquired shares. Similarly, there were no warrants, convertible securities, or other instruments entitling the acquirer to receive additional shares carrying voting rights.

Capital Structure

The total equity share capital of Aqylon Nexus Ltd remained unchanged at 25,37,30,560 equity shares of Re. 1 each, aggregating to a share capital of Rs. 25,37,30,560. The total diluted share/voting capital also stood at 25,37,30,560 equity shares after the acquisition. No changes were reported in the number of shares carrying voting rights other than those directly acquired by Pine Oak Global Fund.

Aqylon Nexus board has acknowledged a proposal from E Trav Tech Limited to sell 51% or more of its paid-up share capital. The board authorized directors to execute necessary documents and appoint independent professionals for valuation and due diligence. This development follows the board meeting held on July 9, 2026.

The company stated that requisite disclosures would be made in accordance with Regulation 30(6) read with Para A (1) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, upon a final decision.

Deferred Agenda Items

The board resolved to defer the consideration of remaining agenda items outlined in the meeting notice dated July 6, 2026. The date for the next board meeting to consider these items will be intimated separately.

The regulatory filing was submitted to BSE Limited and National Stock Exchange of India Limited. The intimation was signed by Srivatsava Sunkara, Managing Director of Aqylon Nexus Limited.