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 ....
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Santanu Agarwal and related promoter entities have created new pledges on their Paisalo Digital shares during May 18-20, 2026. The pledges were created with Bajaj Financial Securities, Motilal Oswal Financial Services, and IIFL Capital Services. Santanu Agarwal pledged 14.5 lakh shares (0.16% of capital) representing 8.23% of his own holding. The largest encumbrance was by Equilibrated Venture Cflow Pvt Ltd, which pledged 7.33 crore shares (8.06% of capital) against loans of Rs 3.84 crores and Rs 0.65 crores. The company clarified these pledges are solely for availing margin trading facilities and do not involve any transfer of ownership or control.
The pledges are relatively small as a percentage of total share capital and are explicitly for margin trading purposes, suggesting routine financial management by promoters rather than distress selling. No immediate concern for minority shareholders, though continued accumulation of pledged shares warrants monitoring.