The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 06, 2025 for Sanyam Jain
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Sanyam Jain has released 166,750 pledged shares (3.43% of total share capital) of Beryl Securities Limited, which were earlier pledged with M/s Hindon Mercantile Limited as security for financial assistance. The release was effected on 05.09.2025 and reported to BSE on 06.09.2025. After the release, the promoter's total holding remains unchanged at 734,563 shares (15.15% of total share capital), but the encumbered portion has now come down to zero. The pledge was given as collateral for a loan/financial assistance.
This is a positive signal for the company as it reduces the encumbered (pledged) portion of promoter holdings to zero, lowering the risk of forced sale or invocation. Shareholders may view this as the promoter freeing up shares, possibly indicating improved financial position or repayment of the underlying loan.