The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 06, 2025 for Asha Gupta
AVG · price
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Asha Gupta, a promoter of AVG Logistics Limited, has created a new pledge on 9,67,157 equity shares (6.42% of total share capital) in favour of Shine Star Build Cap Pvt. Ltd. on December 5, 2025. The reason given is that the shares were pledged as margin call for a credit facility obtained by the Company. Asha Gupta's total promoter holding stands at 54,82,500 shares (36.41%), of which 45,45,455 shares (30.19%) are now encumbered post this event, up from 35,78,298 shares (23.76%) previously pledged.
The promoter's pledged shares have risen from 23.76% to 30.19% of total share capital, indicating increased financial leverage on promoter holdings to support company borrowing. While still below the 50% threshold, this rising encumbrance level is a point of caution for shareholders, as a sharp price decline could risk pledge invocation.