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 March ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Finsec Ltd informed BSE on 28 March 2026 that members of its promoter group have created a pledge on 1,63,42,062 equity shares, equal to 55.98% of the company's total share capital, on 24 March 2026. The pledgers include Mr. Gopal Bansal (13.76%), Gopal Bansal LLP (15.54%), Daisy Distributors Pvt Ltd (5.95%), Mrs. Ganga Devi Bansal (4.44%), Mr. Manoj Sharma (3.46%), and Ms. Sunita Bansal (2.61%). All shares have been pledged with Motilal Oswal Financial Services Ltd, a share broker, against the availability of intra-day margin. As a result, encumbered shares now stand at 81.74% of the total promoter shareholding in the company.
This is a routine disclosure showing that a very large portion of the promoter's stake (over 81%) is now pledged as collateral for broker margin, which is a significant level of encumbrance and is worth monitoring closely. High pledging levels can increase risk for shareholders if share prices fall, potentially triggering margin calls or invocation of pledges.