The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 27, 2025 for Ganga Devi Bansal
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Awaiting price reaction for this filing.
India Finsec Ltd informed the stock exchange that members of the promoter and promoter group have released pledges on their equity shares. The releases were executed on 26th September 2025 and pertain to pledges held with Motilal Oswal Financial Services Limited against intraday margin requirements, with end-value reported as zero. Key promoters involved in the release include Daisy Distributors Private Limited (45,37,050 shares, 15.54% of capital), Gopal Bansal (10,11,012 shares, 3.46%), Sunita Bansal (7,60,665 shares, 2.61%), and Manoj Sharma (40,15,741 shares, 13.76%). Despite these releases, encumbered shares still stand at 71.15% of total promoter shareholding, which is above the 50% threshold. The disclosure was filed by Ganga Devi Bansal on behalf of the promoter group.
Positive near-term signal as pledge releases reduce promoter encumbrance risk, but the fact that over 71% of promoter holding remains pledged means the stock still carries significant pledge-related risk that investors should monitor.