The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 11, 2025 for Karan Bhagat & PACs
360ONE · price
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360 ONE WAM's promoter Karan Bhagat and PACs have filed a revised disclosure under SEBI SAST Regulations reporting the release of pledged shares on June 26, 2025. Karan Bhagat released a pledge on 96,716 shares (0.02% of capital) held with Tata Capital Limited. Shilpa Bhagat released a pledge on 34,00,000 shares (0.84% of capital) held with Aditya Birla Finance Limited, though she still has 11,03,284 shares (0.27%) pledged with Tata Capital. All releases were made for the purpose of loan repayment. Other PAC entities including Kyra Family Trust, Kush Family Trust, and Yatin Shah showed no change in their existing encumbrances.
Positive signal for shareholders — promoters are reducing their pledged holdings by repaying loans, which lowers financial risk and indicates improved personal liquidity. The total pledged shares among the promoter group remain low (under 4% of capital), so impact on the stock is expected to be limited but sentimentally reassuring.