The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on November ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoters of India Finsec Ltd have created a pledge over their equity shares with Motilal Oswal Financial Services Limited (a share broker), with the event dated 18 November 2025 and disclosed on 22 November 2025. The pledge was created against the availability of intraday margin with the broker, not for raising funds for the company or for personal use by promoters. Multiple promoter entities and individuals are involved, including Gopal Bansal LLP (45.37 lakh shares), Ganga Devi Bansal (17.38 lakh shares), Sunita Bansal (12.96 lakh shares), Daisy Distributors Pvt Ltd (10.11 lakh shares), Manoj Sharma (7.61 lakh shares), Gopal Bansal HUF (3.95 lakh shares), and Gopal Bansal (3.75 lakh shares). Post-pledge, encumbered shares stand at 84.21% of total promoter shareholding and 55.94% of total share capital, meaning over half of the company's total share capital held by promoters is now pledged. The encumbrance is marked as 50% or more of promoter shareholding (Yes) and 20% or more of total share capital (Yes).
With over 84% of promoter shareholding and ~56% of total share capital pledged, this is a high-pledge situation that investors should monitor closely — any margin shortfall could trigger invocation and forced selling, putting pressure on the stock. However, the pledge is for intraday margin with a broker rather than a third-party debt, which reduces but does not eliminate the risk.