The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 04, 2026 for Deepak Kumar Singal
DBEIL · price
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Mr. Deepak Kumar Singal, Promoter of Deepak Builders and Engineers India Ltd, has created a pledge on 2,500,000 equity shares (5.37% of total share capital) in favor of Badjate Stock Broking Pvt Ltd. The pledge was created on April 30, 2026, with shares valued at ₹21.50 crore serving as security against a loan of ₹5.00 crore (asset cover ratio 4.30:1). Post this creation, the total promoter shareholding stands at 30,080,786 shares representing 64.58% of total share capital. The encumbered shares constitute 8.31% of promoter holding. The borrowed amount is for personal use by the promoter.
The pledge creation indicates the promoter has leveraged shares for personal borrowing. With only 8.31% of promoter holding encumbered, this is below the 50% threshold, suggesting no immediate risk of share invocation that could impact stock supply.