The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 28, 2026 for Ganga Devi Bansal
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Finsec Ltd's promoter group, including Gopal Bansal, Gopal Bansal LLP, Manoj Sharma, Sunita Bansal, Ganga Devi Bansal, Daisy Distributors Pvt Ltd, Nidhi Bansal HUF, Arvind Kumar Bansal, and Gopal Bansal HUF, collectively created pledges on 1,63,42,062 shares, representing 55.98% of the company's total share capital. This amounts to 81.74% of the total promoter shareholding being encumbered. All pledges were created in favour of Motilal Oswal Financial Services Limited as a share broker, against availability of intra-day margin. The disclosure was filed on March 28, 2026.
With over 81% of promoter holdings now pledged, there is heightened risk for shareholders – any sharp drop in share price or margin shortfall could trigger invocation, potentially leading to forced selling and pressure on the stock. Investors should closely monitor the share price and any further encumbrance or invocation disclosures.