The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 24, 2026 for Shreeyam Trade Dynamics Pvt Ltd
CHOICEIN · price
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Awaiting price reaction for this filing.
Shreeyam Trade Dynamics Private Limited, part of the promoter group of Choice International Ltd, released 45,00,000 shares (2.02% of share capital) from a margin pledge held with National Securities Clearing Corporation Ltd on February 18, 2026. Before the release, the entity had 51,87,000 shares (2.33%) encumbered; after the release, only 6,87,000 shares (0.31%) remain pledged. Across the entire promoter and PAC group, total encumbered shares reduced marginally from 1,63,37,000 (7.33%) to 1,56,50,000 (7.02%) of share capital. Total promoter holding stands at 57.37% of share capital, well above the 50% threshold.
Positive signal for the stock. A reduction in pledged promoter shares lowers the risk of forced selling and indicates reduced financial pressure on the promoter group. Investors typically view pledge releases as a sign of improving promoter liquidity.