The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 23, 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's promoters Santanu Agarwal and Sunil Purushottanm Agarwal have created pledges on 20 lakh equity shares each (0.22% of total share capital) with Motilal Oswal Financial Services Limited on May 21, 2026. The pledges are stated to be solely for availing margin trading facility and do not involve any transfer of ownership or control. Santanu Agarwal holds 4.26% of the company (3.87 crore shares) with 12.97% of his holding now encumbered. Sunil Agarwal holds 12.17% (11.07 crore shares) with 4.52% of his holding encumbered. Both disclosures confirm the encumbered shares are below 50% of respective promoter holdings and below 20% of total share capital.
The pledge creation by two major promoters (combined holding ~16.43%) for margin trading purposes indicates leveraged positioning. While the individual pledge percentages are modest and below regulatory thresholds, repeated pledge creation may signal financial stress or speculative activity by insiders.