The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 15, 2025 for Ganga Devi Bansal
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Ganga Devi Bansal, on behalf of the promoter group of India Finsec Ltd, has filed a disclosure with BSE regarding the release of pledge on equity shares of the company. The release event occurred on 14th November 2025 and the disclosure was made on 15th November 2025. Multiple promoter group entities including Mr. Manoj Sharma, Mr. Gopal Bansal, Mrs. Sunita Bansal, Ms. Nidhi Bansal, Gopal Bansal LLP, Gopal Bansal HUF, Arvind Kumar Bansal HUF, and Daisy Distributors Private Limited released their pledged shares. The pledges were held with Motilal Oswal Financial Services Ltd as a share broker against intraday margin requirements. The shares have now been unpledged, reducing the overall encumbrance on promoter holdings in India Finsec Ltd.
Release of pledge is generally viewed positively by retail investors as it indicates reduced financial encumbrance and lower risk of forced share sale. The freeing up of pledged shares provides promoters with greater flexibility and signals improved comfort around the stock with margin providers.