BSEIndia Finsec LtdMediumNeutral
Announced Sat, 21 Feb · 10:47 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 20, 2026 for Ganga Devi Bansal

Pledge Above 50pctPledge 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

India Finsec Ltd's promoter group member Ganga Devi Bansal has filed a SEBI SAST Regulation 31 disclosure dated February 20, 2026 reporting the release of a pledge on 17,38,000 shares (5.95% of total share capital) held by Daisy Distributors Private Limited. The shares were previously pledged with Motilal Oswal Financial Services Limited as a share broker against intraday margin. After release, the total encumbered shares of the promoter group stand at 1,63,42,062 shares. Encumbered shares remain at a high 73.52% of total promoter shareholding (55.98% of total share capital), with pledges still active for Gopal Bansal (13.76%), Gopal Bansal LLP (4.44%), Manoj Sharma (15.54%), Sunita Bansal (3.46%) and Gopal Bansal HUF (1.35%), all linked to Motilal Oswal for intraday margin.

Likely market impact

A modest positive signal as 5.95% of promoter-held shares have been un-pledged, reducing some encumbrance risk, but the overall pledge level remains very high at 73.52% of promoter holding, keeping the stock exposed to broker/margin-related volatility.