Promoter reduces stake in Aqylon Nexus by 1.52%

1 min read     Updated on 10 Jun 2026, 05:43 PM
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AI Summary

Promoter Kurjibhai Premjibhai Rupareliya sold 38,69,282 shares, or 1.52% of the equity, in Aqylon Nexus Limited on June 9, 2026. This open market transaction reduced his total holding from 47.12% to 45.60%. The company's total equity share capital remains steady at 25,37,30,560 shares.

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Promoter Kurjibhai Premjibhai Rupareliya has reduced his shareholding in aqylon nexus by 1.52% through an open market sale on June 9, 2026. The disclosure, submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the transaction and the subsequent change in ownership structure.

Prior to the disposal, Rupareliya held a total of 11,95,64,258 shares, which accounted for 47.12% of the company's total share capital. This included 9,05,64,258 shares carrying voting rights and 2,90,00,000 shares held under encumbrance. The sale involved 38,69,282 shares carrying voting rights, constituting 1.52% of the total voting capital.

Following the transaction, the promoter's total shareholding stands at 11,56,94,976 shares, representing 45.60% of the total paid-up equity share capital. The number of shares carrying voting rights now stands at 8,66,94,976, while the encumbered shares remain unchanged at 2,90,00,000.

Shareholding Details

The table below outlines the changes in the promoter's shareholding before and after the disposal:

Category Before Disposal After Disposal
Shares carrying voting rights 9,05,64,258 (35.69%) 8,66,94,976 (34.17%)
Shares in encumbrance 2,90,00,000 (11.43%) 2,90,00,000 (11.43%)
Total Holding 11,95,64,258 (47.12%) 11,56,94,976 (45.60%)

Transaction Overview

The total equity share capital of Aqylon Nexus Limited remains unchanged at 25,37,30,560 equity shares of ₹1 each. The transaction was executed via the open market route, affecting only the promoter's direct voting rights and overall percentage ownership.

Historical Stock Returns for Aqylon Nexus

1 Day5 Days1 Month6 Months1 Year5 Years
+1.97%-4.42%+5.14%-96.41%-90.90%+28,325.00%

What are the potential reasons behind the promoter's decision to reduce stake at this time?

Will the promoter continue to divest shares in the near future?

How might this reduction in promoter holding impact investor confidence?

Aqylon Nexus promoter reduces stake by 1.48% via open market sale

1 min read     Updated on 05 Jun 2026, 04:27 PM
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Reviewed by
Suketu GScanX News Team
AI Summary

Promoter Kurjibhai Premjibhai Rupareliya sold 37,58,170 shares of Aqylon Nexus Limited on June 4, 2026, reducing his total holding to 47.12%. The transaction, conducted via the open market, was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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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.

Historical Stock Returns for Aqylon Nexus

1 Day5 Days1 Month6 Months1 Year5 Years
+1.97%-4.42%+5.14%-96.41%-90.90%+28,325.00%

What are the potential reasons behind the promoter's decision to reduce their stake at this time?

How might the market react to this sale in terms of Aqylon Nexus's stock price?

Will the promoter continue to reduce their holding in the near future?

More News on Aqylon Nexus

1 Year Returns:-90.90%