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
PAISALO · price
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Paisalo Digital promoter Santanu Agarwal has disclosed the creation of a fresh pledge on 18,00,000 shares (9 lakh with IIFL Capital Services and 9 lakh with Motilal Oswal Financial Services) on June 1, 2026. This represents about 0.20% of the company's total share capital and was taken solely to avail a margin trading facility, with no transfer of ownership or control involved. After this pledge, Santanu Agarwal's total encumbered shares stand at 96,02,000 (1.06% of total capital, or 22.18% of his personal promoter holding). Earlier in May 2026, he had also pledged around 30 lakh shares cumulatively with Bajaj Financial Securities and Motilal Oswal for similar margin trading purposes. The filing also lists encumbered holdings of other promoter group entities like Sunil Agarwal, Equilibrated Venture Cflow, Profitch, and Pricaf, which remain unchanged.
This is routine promoter activity for raising margin money rather than a distress signal — the pledged portion is only about one-fifth of his holding and a fraction of total equity. Shareholders are unlikely to see a meaningful impact on the stock price from this disclosure.