The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 06, 2026 for Mrs. Rekha Dalal
FOODSIN · price
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Promoter Mrs. Rekha Dalal of Foods & Inns Ltd has created a new pledge of 540,000 shares (0.74% of share capital) on March 4, 2026 in favour of Tata Capital Limited to secure a loan. Before this event, she already had 378,000 shares (0.51%) encumbered. Her total personal holding in the company stands at 2,274,000 shares, representing 3.10% of the share capital. The disclosure has been made under the SEBI Takeover Regulations for reporting the creation of encumbrance on promoter shares.
This is a relatively small pledge (less than 1% of capital) taken to raise a loan, so the direct impact on shareholders is limited. Investors generally watch pledge creations closely since a rising pledge ratio can indicate financial stress at the promoter level, though a single small pledge like this is usually routine.