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 February ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Finsec Ltd has disclosed encumbrance details of promoter shares under SEBI SAST Regulations. Promoters including Gopal Bansal, Sunita Bansal, Manoj Sharma, Gopal Bansal LLP, and Daisy Distributors Pvt Ltd have pledged shares with Motilal Oswal Financial Services Ltd (acting as share broker) against availability of intra-day margin by the broker. Total promoter holding stands at 40,44,141 shares (13.85% of total share capital), of which 71.10% is encumbered (pledged). The post-event promoter holding is 40,15,741 shares (13.76%), reflecting a minor net change. The filing involves both release of existing pledges and creation of new pledges on February 13, 2026, appearing to be a routine rollover of broker margin pledges.
The pledging of shares with the broker is for routine intra-day margin requirements rather than distress borrowing. With 71.10% of promoter holding pledged (above 50%), any sharp drop in share price could trigger margin calls. Retail investors should monitor share price movement and any further disclosures.