Mrs. Amrita P. Deodhar, Promoter informed the company regarding release of her pledge shares on 10th February, 2026.
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Mrs. Amrita P. Deodhar, promoter and director of Aplab Limited, released 25,00,000 (25 lakh) equity shares from pledge on February 10, 2026. These shares were previously pledged with Laxmimanak Finance Pvt. Ltd. as collateral for a loan taken by the company. After this release, her encumbered shares stand reduced to zero. Her individual holding in the company is 79,74,364 shares (63.44% of total share capital), and the total promoter group holds 84,97,511 shares (67.60%). The disclosure was made under Regulation 31(2) of SEBI (SAST) Regulations, 2011.
This is a positive development for shareholders as it eliminates the encumbrance on the promoter's shares, reducing the risk of forced sale. It also suggests improved financial standing for the promoter group, as the pledge tied to a company loan has been released.