Disclosure under Regulation 31(1) and 31(2) of SEBI (SAST) Regulation, 2011
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OK Play India Ltd informed BSE that promoter and director Mr. Rajan Handa has created a fresh pledge on 15,00,000 shares (0.41% of total share capital) with IKR Choksey Financial Services Pvt Ltd for margin purposes on 21 August 2025. After this pledge, Mr. Handa's total encumbered shares rise to approximately 7.09 crore shares against his overall holding of 8.59 crore shares (23.66%). The disclosure covers all promoter group holdings, with the combined promoter family holding roughly 47.47% of the company's share capital.
The pledge is small relative to Mr. Handa's total holding, but investors should track the increasing encumbered share count as heavy pledging can signal financial stress or funding pressure on promoters.