The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 04, 2025 for Ganga Devi Bansal
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Promoter group members of India Finsec Ltd have created a pledge on their equity shares with Motilal Oswal Financial Services Limited on October 28, 2025. A total of 1,63,31,201 shares, representing 55.94% of the company's total share capital, have been pledged as collateral for intra-day margin provided by the broker. The pledged shares are spread across multiple promoter entities including Gopal Bansal (13.76%), Daisy Distributors Pvt Ltd (15.54%), Sunita Bansal (5.95%), Ganga Devi Bansal (4.44%), Gopal Bansal LLP (3.46%), Manoj Sharma (2.61%), Gopal Bansal HUF (1.35%), Nidhi Bansal (1.71%), and Arvind Kumar Bansal (1.28%). The disclosure was filed by Ganga Devi Bansal on behalf of the promoter group on November 4, 2025.
Over half of the company's total share capital is now pledged with a broker for intra-day margin, which is a high level of encumbrance. This signals significant financial leverage by the promoter group and could be a concern for shareholders if the broker invokes the pledge, though such intra-day margin pledges are common among active traders in the promoter group.