FOODSINBSEFoods & Inns LtdMediumNeutral
Announced Tue, 21 Apr · 15:38 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 21, 2026 for Rekha Dalal

Pledge ReleasedOwnership Changes View source PDF

FOODSIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹59.21
prior close
₹59.69
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.2+0.2+0.7-0.8-4.3+5.0+10.2+8.3+7.8-3.1-6.8-6.2-3.8
Up moveDown movePending
AI summary

Promoter Rekha Dalal has filed a disclosure under SEBI SAST regulations reporting the release of pledge on 540,000 shares (0.74% of capital) held with Tata Capital Limited. The de-pledge event took place on April 20, 2026. Following the release, the encumbered holding of Rekha Dalal stands at 0 shares (0%), indicating full de-pledging of her previously pledged shares. Her total holding in the company remains at 2,274,000 shares representing 3.10% of paid-up capital. The reason for release is listed as 'Loan', suggesting the underlying loan obligation has been fulfilled.

Likely market impact

The full release of pledged shares by a promoter reduces the risk overhang on these shares and indicates improved financial position of the promoter. This is a positive development for minority shareholders as it lowers the probability of forced selling pressure from pledge invocation.