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Jupiter Capital releases pledged shares in AXISCADES Technologies

September 13, 2025 at 10:19 AM UTCBy FilingReader AI

Jupiter Capital Private Limited has disclosed a release of pledged shares in AXISCADES Technologies Limited, according to a filing made on September 13, 2025. The disclosure, made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicates a change in the promoter's encumbered holdings.

Prior to this event, Jupiter Capital Private Limited held 2,46,82,047 shares, representing 58.08% of the total share capital, with 55,39,000 shares (13.03% of total share capital) already encumbered. The event involved the release of 10,04,000 pledged shares, which constituted 2.36% of the total share capital, with SBICap Trustee Company Ltd as the entity in whose favor the shares were previously encumbered.

Following this release, Jupiter Capital Private Limited's post-event holding of encumbered shares now stands at 45,35,000 shares, equivalent to 10.67% of the total share capital. The company remains a key promoter of AXISCADES Technologies Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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