The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on May ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Sunil Purushottanm Agarwal has created a pledge over 77,81,000 shares (0.86% of total share capital) with Motilal Oswal Financial Services Limited and Sharekhan Limited. The pledge was created on May 26-27, 2026, for availing margin trading facility. The total encumbered shares represent 6.86% of the promoter's holding of 11,34,73,800 shares (12.48% of total capital). The filing also includes similar pledge creations by related promoters including Santanu Agarwal, Pro Fitchh Pvt. Ltd., Pri Caf Pvt. Ltd., and Equilibrated Venture Cflow Pvt. Ltd. The shares pledged with IIFL Finance Limited, Motilal Oswal, and Sharekhan are for margin trading purposes only.
The pledge encumbrance at 6.86% of promoter holding is below the 50% threshold, indicating moderate risk. Margin trading pledge usage is generally routine but warrants monitoring for potential invocation if share prices decline significantly.