Pursuant to regulation 31(1) of SEBI (SAST) Regulation , 2011 we are enclosing herewith disclosure received from our Promoter, Mrs. Rachna Suman Shaw, regarding pledge of 5,40,000 equity ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 5.0 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mrs. Rachna Suman Shaw, a promoter and director of Dhruva Capital Services Ltd, has pledged 5,40,000 equity shares (13.29% of total share capital) in favour of HDFC Bank Limited on September 4, 2025. Her total promoter holding in the company stands at 10,80,400 shares, or 26.60% of total share capital, meaning the pledged portion is roughly 49.98% of her personal holding — just shy of the 50% threshold. The disclosure confirms the pledge is not 20% or more of total share capital and is not 50% or more of her promoter shareholding. Proceeds are being raised for personal use by the promoter. The company has filed this under SEBI (SAST) Regulation 31(1).
Routine pledge creation disclosure — the shares sit just below the 50% of promoter holding trigger, so no major red flag, but investors should watch for further pledges or any invocation by HDFC Bank, which could pressure the stock.