Promoter Anilkumar Bhikhabhai Virani of Jyoti CNC Automation Limited has created a pledge on 70,00,000 shares, representing 3.08% of the total capital, in favor of HDFC Bank Limited. This encumbrance was established on February 25, 2026, as security for a loan extended for the promoter’s business. This action increases the promoter’s total encumbered holding to 1,28,52,000 shares (5.65%) against a total holding of 3,28,56,340 shares (14.45%).
Promoter Share Encumbrance Disclosure
Jyoti CNC Automation Limited has reported a disclosure regarding the encumbrance of promoter shares, effective as of the reporting date of 02.03.2026. The primary promoter involved in this transaction is Anilkumar Bhikhabhai Virani.
Details of the New Pledge
The details of the recent creation of encumbrance are as follows:
- Event Type: Creation (Pledge)
- Date of Creation: 25.02.2026
- Shares Pledged (Number): 70,00,000
- Percentage of Capital: 3.08%
- Reason: Pledge created as security for a loan extended for the promoter’s business.
- Beneficiary Entity: HDFC Bank Limited
Updated Encumbrance Position
Prior to this event, the promoter already had 58,52,000 shares (2.57%) encumbered. With the new creation, the total post-event holding of encumbered shares for Anilkumar Bhikhabhai Virani stands at 1,28,52,000 shares, which constitutes 5.65% of the total share capital. The promoter’s total holding remains 3,28,56,340 shares (14.45%).
Other Promoter Group Holdings
The disclosure also provided a snapshot of the total holdings for other associated promoters and Persons Acting in Concert (PACs), none of whom reported any new encumbrance events as of the reporting date:
- Parakramsinh Ghanshyamsinh: Holding of 6,11,88,760 shares (26.91%).
- Sahdevsinh Lalubha Jadeja: Holding of 66,85,400 shares (2.94%).
- Vikramsinh Raghuvirsinh Rana: Holding of 45,47,500 shares (2.00%).
- Jyoti International LLP: Holding of 3,67,48,995 shares (16.16%).
- Vijaysinh Pravinsinh Zala: Holding of 2,19,500 shares (0.10%).
Source: BSE
