Jyoti CNC Automation Promoter Releases Pledge on 19 Lakh Shares
📅 September 19, 2026
⏱ 4 min read
Rajkot, Gujarat: Jyoti CNC Automation Limited has reported a reduction in promoter share encumbrance after promoter Anilkumar Bhikhabhai Virani released the pledge on 19,00,000 equity shares of the company.
According to the latest disclosure, the pledge release was executed on September 16, 2026, with the relevant disclosure filed with the stock exchanges on September 17, 2026. The shares had been pledged in favour of HDFC Bank Limited as security for a business loan.
Following the release, the number of shares held by Virani under encumbrance declined from 1,71,40,000 shares to 1,52,40,000 shares. As a percentage of Jyoti CNC Automation’s total share capital, the encumbered portion declined from 7.54% to 6.70%.
Promoter Holding Remains Unchanged
The release of the pledged shares does not represent a reduction in the promoter’s overall shareholding in the company. Anilkumar Bhikhabhai Virani continues to hold approximately 3,28,56,340 shares, representing around 14.45% of the company’s total share capital.
The transaction specifically relates to the removal of an existing encumbrance on a portion of those shares. Therefore, the promoter’s total ownership position remains unchanged following the pledge release.
Pledged Shares Were Security for Business Loan
The shares released from encumbrance had been provided as security in connection with a business loan from HDFC Bank. With the release of 19 lakh shares, the number of shares continuing to remain pledged with the lender has come down to approximately 1.52 crore shares.
Promoter share pledges are disclosed to the stock exchanges under the applicable SEBI regulations because changes in encumbered promoter holdings can be relevant to shareholders and market participants.
The latest filing therefore provides an update on the promoter’s collateral position while leaving the overall promoter shareholding unchanged.
Other Promoters Continue to Hold Unencumbered Shares
Jyoti CNC Automation has several other promoters and promoter-group entities with substantial holdings. According to the latest disclosure, Parakramsinh Ghanshyamsinh Jadeja holds approximately 6.11 crore shares, representing 26.91% of the company, while Jyoti International LLP holds approximately 3.67 crore shares, representing 16.16%.
Other promoter holdings include Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana and Vijaysinh Pravirsinh Zala. The latest disclosure indicates that these holdings were not encumbered.
Recent Changes in Promoter Encumbrance
The latest release comes after several changes in the promoter’s pledged-share position during August and September 2026.
Earlier in August, Virani had released another 19 lakh shares from encumbrance, reducing the encumbered holding at that time from 9.57% to 7.89% of total share capital. Subsequent disclosures also reported other pledge and release transactions involving promoter shares.
On September 3, 2026, the promoter also released 25.52 lakh shares, while a later disclosure reported the pledge of 17.40 lakh shares as security for a business loan. These transactions show that the promoter’s encumbered shareholding has changed several times during the recent period.
Encumbrance Position After Latest Release
Following the latest 19-lakh-share release, the promoter’s encumbered holding stands at approximately 1.52 crore shares, or 6.70% of the company’s total share capital.
The latest transaction should be viewed specifically as a release of share encumbrance. It does not by itself indicate a change in the company’s operating performance, revenue, profitability or business outlook.
Investors and shareholders generally track promoter pledge disclosures alongside the company’s financial results, debt position, business performance and other regulatory filings to understand changes in the promoter’s shareholding structure.
Jyoti CNC Automation continues to publish its regulatory disclosures through the stock exchanges and its investor-relations section. The company’s official investor announcements page also contains recent regulatory filings and corporate updates.
Key Details
- Company: Jyoti CNC Automation Limited
- Promoter: Anilkumar Bhikhabhai Virani
- Shares released from pledge: 19,00,000
- Release date: September 16, 2026
- Disclosure: September 17, 2026
- Lender: HDFC Bank Limited
- Previous encumbered shares: 1,71,40,000
- Current encumbered shares: 1,52,40,000
- Previous encumbered percentage: 7.54%
- Current encumbered percentage: 6.70%
- Promoter’s total holding: 3,28,56,340 shares (14.45%)
The latest development represents a reduction in the number of promoter shares pledged as collateral, while the promoter’s overall ownership in Jyoti CNC Automation remains unchanged.
