The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 07, 2026 for Ganga Devi Bansal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter group members of India Finsec Ltd, including Gopal Bansal, Sunita Bansal, Manoj Sharma, Ganga Devi Bansal, and Gopal Bansal LLP, have released/un-pledged shares that were earlier encumbered with Motilal Oswal Financial Services Ltd. The pledges were originally created against intra-day margin availability with the broker and have been released on February 6, 2026. After the release, the post-event encumbered holding stands at 40,15,741 shares (13.76% of total share capital), down from the previous level. The encumbrance was for broker margin purposes, with the end-value reported as zero.
This is a positive signal for shareholders as it indicates promoters are freeing up their shares from broker pledge, reducing encumbrance risk. However, total promoter encumbrance remains above 50% (55.94% of promoter holding), which still carries some overhang risk on the stock.