The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 02, 2026 for Santanu Agarwal, Sunil ....
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paisalo Digital Limited filed a Regulation 31 disclosure on June 2, 2026, reporting creation of new share pledges by three promoter group entities on June 1, 2026. Mr. Santanu Agarwal pledged 18,00,000 shares (0.20% of capital) and Mr. Sunil Agarwal pledged 18,00,000 shares (0.20%) with IIFL Capital Services and Motilal Oswal Financial Services. Sulabhya Paramita Private Trust pledged 28,00,000 shares (0.31% of capital) with Bajaj Financial Securities Limited. The stated purpose for all pledges is solely to avail margin trading facility, with no transfer of ownership or control involved. Post-event, Sulabhya Paramita Trust's encumbered shares stand at 99.29% of its promoter shareholding, while Santanu Agarwal's pledge ratio is 22.18% and Sunil Agarwal's is 8.31% of their respective promoter holdings.
Margin trading pledges are generally benign but the near-100% pledge ratio at Sulabhya Paramita Trust is a red flag, as any sharp stock price drop could trigger margin calls or forced sale. Existing shareholders should monitor pledged share levels for further escalation.