BSEHim Teknoforge LtdHighNegative
Announced Sat, 4 Oct · 11:02 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 03, 2025 for Manan Aggarwal

Pledge ReleasedOwnership Changes View source PDF

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

Awaiting price reaction for this filing.

AI summary

Promoter group member Manan Aggarwal has released a pledge on 91,230 equity shares (0.96% of total share capital) of Him Teknoforge Ltd. The original pledge was created on 28th May 2025 in favour of Mr. Rajeev Gupta as collateral for a personal loan taken on 8th April 2025. Post-release, Manan Aggarwal holds 1,16,230 shares (1.23% of share capital) with zero shares now encumbered. The disclosure was filed under SEBI SAST Regulations and PIT Regulations on 3rd October 2025.

Likely market impact

The release of the pledge removes encumbrance on promoter shares, reducing overhang risk and signalling easing of the promoter's personal financial position. Generally a mildly positive signal for the stock as it lowers the risk of forced selling.