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 April ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Finsec Ltd's promoter group has created pledges on their equity shares, reported on 4th April 2026 (creation date 2nd April 2026). The total promoter holding stands at 55.98% of share capital (16,342,062 shares), with 81.74% of this holding now encumbered. Multiple promoters including Gopal Bansal, Daisy Distributors Pvt Ltd, Gopal Bansal LLP, Manoj Sharma, Sunita Bansal, Ganga Devi Bansal, and others have pledged shares in favour of Motilal Oswal Financial Services Ltd. The pledged shares serve as intra-day margin against borrowings with zero end-value, suggesting leveraged trading activity. The encumbrance is disclosed as being for raising money by the promoters.
Heavy pledge encumbrance of 81.74% of promoter holding signals elevated risk for shareholders. If share prices fall or margin calls are triggered, promoters may face forced selling, creating downward pressure on the stock.