The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 25, 2026 for Bipinbhai Hadvani
GOPAL · price
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Mr. Bipinbhai Vithalbhai Hadvani, a promoter of Gopal Snacks Limited, has encumbered (pledged) 16,20,000 equity shares, representing 1.30% of the company's total share capital. The pledge was created on 24.03.2026 in favour of Tata Capital Limited to avail a personal loan. Post this pledge, the total encumbered shares held by Mr. Hadvani stand at 1,21,20,000 shares (9.72% of total share capital), up from 1,05,00,000 shares (8.42%) earlier. His overall promoter holding remains at 55.00% (6,85,54,556 shares) of the company.
This is a routine disclosure of a promoter pledging a small portion of his holdings (1.30% of capital) for personal borrowing. The pledge level remains modest at 9.72% of total capital, so it is unlikely to materially impact the stock. Investors may, however, monitor the trend in pledged shares over time as rising pledges can signal promoter financial stress.