Announced Fri, 5 Sept · 16:32 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 13, 2025 for Smt. Sudha Dattatray Mhaiskar

Pledge Above 50pctOwnership Changes View source PDF

IRB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Smt. Sudha Dattatray Mhaiskar, a promoter of IRB Infrastructure Developers, has created a fresh pledge on 2,00,000 shares (0.003% of total share capital) in favour of Kotak Securities Limited, disclosed on August 13, 2025 for an event dated August 4, 2025. The pledge is for personal borrowing of INR 10 crore, against a share value of INR 90.8 lakh on the date of event. Post this pledge, her encumbered shares rise to 46,70,000 out of 50,59,080 shares held by her (~92% encumbrance at her individual level). Across the wider promoter group, total promoter shareholding stands at 1,83,70,55,980 shares (30.42% of capital), of which 55.48% is now pledged.

Likely market impact

The fresh pledge itself is tiny (0.003% of capital) and unlikely to move the stock, but the broader promoter group already has 55.48% of its holdings pledged, which is a notable encumbrance level that investors should track for any further build-up or invocation risks.