Disclosure received from Mr. Rajan Handa -Promoter Director under regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for encumbrance of shares.
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Mr. Rajan Handa, Promoter Director of OK Play India Ltd, has created a pledge on 60,00,000 shares (1.65% of total share capital) in favor of KRChoksey Financial Services Private Limited for margin purposes, reported on 04-June-2026. After this pledge, Mr. Handa's total encumbered shares stand at 7,69,40,000 shares (21.20% of share capital). The total promoter group holding in the company is 8,58,68,620 shares, which is 23.66% of the total share capital. This disclosure was made under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
This is a fresh pledge creation by the promoter to meet margin requirements with a broker, which increases the already pledged portion of promoter shares. Promoter holding remains relatively low at 23.66%, so any stress on pledged shares could materially affect promoter control. Shareholders should watch for any future invocation or release of these encumbered shares.