The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 20, 2026 for Mufasa Trust
GROWW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mufasa Trust, part of the promoter group of Billionbrains Garage Ventures Ltd (operator of Groww), has pledged 6,25,000 shares (0.10% of total share capital) in favour of Aditya Birla Capital Limited on March 13, 2026, citing personal reasons. The disclosure was filed with the exchanges on March 20, 2026 under Regulation 31(1) and 31(2) of the SEBI Takeover Regulations. The filing also lists the existing pledged holdings of other promoter group members, including Harsh Jain (6.21%), Lalit Keshre (8.55%), Ishan Bansal (4.09%) and Neeraj Singh (5.76%). Mufasa Trust's own holding is 2,00,00,000 shares (0.32%) and no shares were previously pledged by this entity.
The fresh pledge is small at just 0.10% of share capital and is unlikely to move the stock, but investors should keep an eye on the overall level of promoter-group pledging as a risk indicator.