Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.
LCCINFOTEC · price
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LCC Infotech Ltd's promoters have disclosed their share pledges as of March 31, 2026. Rachna Suman Shaw holds 29,016,791 shares with 4,800,000 shares pledged (about 16.5% of her holding) since July 7, 2025. Shreeram Bagla holds 29,025,566 shares with a massive 29,000,000 shares pledged (about 99.9% of his holding) since June 11, 2025. Combined, the promoters have encumbered 33,800,000 shares out of their total 58,042,357 shares, representing approximately 58.2% of their total holding being pledged as collateral.
A very high proportion of promoter shares are pledged, with one promoter (Shreeram Bagla) having nearly all his shares under pledge. This signals elevated risk for shareholders as pledged shares can be invoked by lenders if the promoter defaults, potentially affecting company control.