Promoter pledges 75 lakh shares of California Software

Ownership Changes View source PDF Explain this filing

CALSOFT · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹39.84

prior close

₹39.45

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.4% vs market

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+0.5

15m

+1.0

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.1+1.3-1.4

Next day

-4.6-0.2-4.4

-9.3+0.1-9.4

-13.2-1.5-11.6

-15.2-0.5-14.7

-11.9-0.8-11.1

-11.6-2.0-9.6

15d

-19.7-3.4-16.3

-28.6-9.9-18.7

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter and MD Dr Mahalingam Vasudevan has pledged 75 lakh equity shares of California Software Co via off-market deal on Sept 18, 2026. This is 12.48% of the company and around 20% of his personal stake. His total holding stays at 3.84 crore shares (62.26% of the company). Filing made under SEBI takeover rules for encumbrance disclosure.

Likely market impact

Pledging usually means promoter raised a loan against shares. Worth watching if margin calls happen later.