Promoter Sangeeta Pareekh pledges 17.9 lakh shares, 7.94 percent stake
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Promoter Sangeeta Pareekh created a pledge on 17,90,400 shares (7.94 percent of capital) with Share India Securities Limited on Sept 8, 2026. In total, 36.24 percent of promoter group holding (26.71 percent of total share capital) is now encumbered. This covers 100 percent of Sangeeta Pareekh and Dinesh Pareekh individual stakes, plus 61.17 percent of BLP Equity Research. Amount involved is about Rs. 10.4 crore, stated purpose is personal use.
Heavy pledging of promoter shares may signal financial stress; 100 percent of two individual promoters' personal stakes are now pledged.