Promoter pledges all 13.7 million shares, equal to 26.09 percent stake

Promoter pledge above 50%Ownership Changes View source PDF Explain this filing

Price

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

+1.0%Reaction day

₹6.73

prior close

₹6.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.2% vs market

Non Banking Financial Company (NBFC) peers, median of 218sector+0.0%+1.0% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.0 pts more 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.2

10m

+5.2

15m

+4.0

30m

+4.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.2+1.2+0.0+1.0

Next day

+2.2-0.3+2.6-0.3+2.5

+1.2-0.2+1.4-0.3+1.5

-2.7-3.5+0.8-1.4-1.3

-0.1-3.6+3.5-1.8+1.7

-0.7-2.8+2.1-1.4+0.6

-2.8-1.4-1.4-0.7-2.1

15d

-2.1-3.0+0.9-2.7+0.6

-7.4-4.4-3.0-3.6-3.9

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 218Pending

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

AI summary

On 8 September 2026, promoter Sunil Kumar Malik pledged all 13,700,000 shares he holds, equal to 26.09 percent of the company and 100 percent of his personal holding. The shares, valued at Rs 9.22 crore, were pledged to Share India Securities Ltd as security for a financial facility.

Likely market impact

The full pledge may raise financing risk and the possibility of a share sale if the loan is not repaid; ownership has not changed.