The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 09, 2026 for Patodia Properties Pvt Ltd
CHOICEIN · price
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Awaiting price reaction for this filing.
Choice International Limited has informed the exchanges that Patodia Properties Private Limited, part of the promoter group, released a margin pledge on 3,20,000 shares (0.14% of share capital) on February 3, 2026, with National Securities Clearing Corporation Ltd as the pledgee. After this release, Patodia Properties still has 79,50,000 shares (3.56%) encumbered out of its 84,70,000 shares (3.80%). The total promoter and PAC group holds 12,78,02,292 shares (57.36% of the company), of which 1,63,37,000 shares (7.33%) remain encumbered post this event.
This is a positive signal for shareholders as it reduces the encumbrance burden on promoter holdings, indicating either repayment of margin obligations or improved financial flexibility. The release is small in proportion (0.14%), so direct stock price impact is likely limited.