The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 16, 2026 for Santanu Agarwal
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Santanu Agarwal and four related entities (Sunil Purushottam Agarwal, Pro Fitchh Pvt. Ltd., Pri Caf Pvt. Ltd., and Equilibrated Venture Cflow Pvt. Ltd.) have created pledges on a total of 14,50,000 shares (0.16% of total share capital) in favour of Bajaj Financial Securities Limited on 14–15 May 2026. The encumbered shares represent 4.13% of Santanu Agarwal's own promoter holding (3.86% of total capital), which is below both the 50% and 20% thresholds requiring affirmative confirmation. All five entities state the pledge is solely for availing a margin trading facility with no transfer of ownership or control. The total value of pledged shares is Rs. 6.63 crore against a loan amount of Rs. 4.20 crore (cover ratio 1.58x).
This is a routine pledge creation for margin trading and does not indicate any change in control or a significant stress on promoter holdings. The small quantum (0.16%) and below-threshold encumbrance level are marginally neutral for the stock.