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 ....
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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.8 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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India Finsec Ltd has informed the exchange that promoters and promoter group entities have created a pledge on 1,63,31,201 equity shares, equal to 55.94% of the total share capital and 84.21% of the promoter group's total shareholding. The pledged shares belong to Gopal Bansal (13.76%), Manoj Sharma (2.61%), Sunita Bansal (15.54%), Gopal Bansal HUF (5.95%), Gopal Bansal LLP (3.46%), Daisy Distributors Pvt Ltd (4.44%), and Mukesh Sharma (1.35%). All pledges are held by Motilal Oswal Financial Services Limited as share broker, taken against intraday margin requirements on 28th October 2025. The stated end-use of the pledged shares is for raising money for the listed company and personal use by the promoter group.
With nearly 56% of the company's share capital now pledged and over 84% of promoter holdings encumbered, there is a very high concentration of pledged shares. While these are currently intraday margin pledges, any adverse market movement or margin shortfall could trigger invocation, posing a meaningful risk of forced selling and overhang on the stock.