The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 20, 2026 for Santanu Agarwal
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Santanu Agarwal, a promoter of Paisalo Digital Limited, has disclosed creation of pledge on 13.46 lakh shares (0.15% of total share capital) with Bajaj Financial Securities and 2.25 lakh shares (0.03%) with Motilal Oswal Financial Services between May 18-20, 2026. The pledge was created for availing margin trading facility. Santanu Agarwal holds 3.67 crore shares representing 4.04% of the company's total share capital. As per the disclosure, encumbered shares constitute 8.23% of the promoter shareholding, which is below the 50% threshold. The total value of shares encumbered is Rs 6.40-6.63 crore against borrowings of Rs 3.84-4.20 crore, providing adequate security cover.
This is a routine disclosure of pledge creation for margin trading and does not indicate any change in control or ownership of Paisalo Digital. The low pledge-to-holding ratio suggests no immediate concern for shareholders, though continued pledging activity by promoters warrants monitoring.