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 September ....

Pledge Above 50pctOwnership Changes View source PDF Explain this filing

IRB · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹21.22

prior close

₹21.30

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-0.7% vs market

Civil Construction peers, median of 87sector+0.1%-0.7% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.7 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.5

15m

+0.1

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.2-0.7+0.1-0.7

Next day

-0.5+0.4-0.9-0.3-0.1

+0.0+1.1-1.1+0.7-0.7

+0.1+1.1-1.0+0.2-0.1

+0.7+1.4-0.8+0.2+0.5

+2.0+2.1-0.0+1.0+1.0

+3.8+3.4+0.4+2.1+1.7

15d

-3.6-1.4-2.2-2.6-1.1

-1.5+0.3-1.8-2.2+0.7

+2.3+0.7+1.6-6.9+9.2

-1.8-4.6+2.8-13.4+11.6

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 87Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Smt. Sudha Dattatray Mhaiskar, a promoter of IRB Infrastructure Developers Ltd, has created a fresh pledge on 1,00,000 shares (0.002% of total share capital) in favour of Kotak Securities Limited on August 29, 2025. The reason stated is personal borrowing. After this creation, her total encumbered shares rise to 48,45,000 (0.080% of share capital). Promoter holding in the company stands at 50,59,080 shares. Notably, encumbered shares now make up 55.49% of this individual promoter's own shareholding in the company.

Likely market impact

The pledge size is tiny relative to total share capital so there is no immediate dilution or stock-price impact. However, with over 55% of this promoter's personal holding now pledged, it signals rising leverage or financial commitments at the promoter level, which retail investors should monitor.