Jyoti CNC Automation Limited has disclosed details regarding the encumbrance of shares by one of its promoters, Anilkumar Bhikhabhai Virani. A total of 1,71,40,000 shares, representing 7.54% of the total share capital, have been encumbered as of September 17, 2026. This action was taken as a pledge to secure a business loan extended by HDFC Bank Limited.
Promoter Share Encumbrance by Jyoti CNC Automation
Jyoti CNC Automation Limited has officially reported an encumbrance on shares held by its promoter, Anilkumar Bhikhabhai Virani. The disclosure, made to the stock exchanges, details the creation of a pledge affecting a significant portion of the promoter’s holdings.
Details of the Encumbrance
As of the reporting date, 1,71,40,000 shares of Jyoti CNC Automation, which constitute 7.54% of the total share capital, have been encumbered. This encumbrance was created on September 16, 2026, and is categorized as a pledge to secure business-related financing. The entity in whose favor these shares have been encumbered is HDFC Bank Limited.
Following this event, the post-event holding of encumbered shares for Anilkumar Bhikhabhai Virani is 1,52,40,000 shares, representing 6.70% of the total share capital. The promoter’s total holding in the target company is 3,28,56,340 shares, accounting for 14.45% of the total share capital.
Other Promoter Holdings
The disclosure also lists other promoters and Persons Acting in Concert (PACs) with their respective holdings in the target company. These include Parakramsinh Ghanshyamsinh, Jadeja Sahdevsinh Lalubha, Vikramsinh Raghuvirsinh Rana, Jyoti International LLP, and Vijaysinh Pravinsinh Zala, none of whom are reported to have any existing encumbrances on their shares as per this filing.
Source: BSE
