Promoter Deepak Singal creates new pledges on shares for personal use
DBEIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Deepak Kumar Singal (holds 64.58% of Deepak Builders and Engineers India) created two new pledges on 22 Aug 2026 totaling 27 lakh shares (0.58% of capital). 15 lakh shares pledged with Comfort Fincap against a Rs 4 crore loan, and 12 lakh shares with Badjate Stock Broking against a Rs 5 crore loan. End use stated as personal by the promoter. Post event, encumbered shares rise to 5.44 crore (11.68%) from 5.32 crore (11.42%). Encumbrance stays well below the 50% of promoter holding and 20% of total capital thresholds.
Small pledge creation for promoter's personal borrowing. Encumbrance stays well below regulatory thresholds, a low risk signal for shareholders.