Promoter Rishab Handa pledges 40 lakh shares as collateral for company loan

Promoter holding below 50%Ownership Changes View source PDF Explain this filing

Price

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▲ 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

-0.3%Reaction day

₹3.28

prior close

₹3.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-1.9% vs market

Consumer Durables peers, median of 208sector · industry level+0.4%-0.7% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 0.7 pts less than its Consumer Durables 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

+0.0

10m

+0.0

15m

+0.0

30m

-2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+1.6-1.9+0.4-0.7

Next day

+1.8+1.5+0.4+0.0+1.8

+0.3+1.9-1.6-0.1+0.4

+3.0+3.2-0.2+0.5+2.6

-0.3+1.7-2.0-0.5+0.2

+1.8+2.0-0.1+0.0+1.8

-4.3+1.4-5.6-1.5-2.8

15d

-8.5-0.8-7.7-3.1-5.5

-11.6-2.5-9.1-2.5-9.1

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UpDownMarket · Nifty Microcap 250Sector · Consumer Durables peers, median of 208Pending

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

AI summary

Promoter Director Rishab Handa of OK Play India created a pledge on 4,000,000 shares (1.10% of paid-up capital) on 11 Sept 2026 in favour of Krchoksey Financial Services, as collateral for loans taken by the company. His total pledged shares rose to 9,000,000 (2.48%) from 5,000,000 (1.38%). The aggregate promoter group holds about 47.47% of the company, below 50%.

Likely market impact

Pledging promoter shares for company borrowing is a risk signal. Total promoter holding is already under 50%, leaving a thin cushion for control.