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.
Paisalo Digital's promoter entity Equilibrated Venture Cflow Pvt. Ltd. reported share pledges totaling 7.33 crore shares (8.06% of total share capital, 38.96% of promoter holding) as of May 16, 2026. The pledge was created on May 14–15, 2026 with Bajaj Financial Securities Limited for availing a margin trading facility. No transfer of ownership or control is involved. Four related promoter entities — Sunil Agarwal, Santanu Agarwal, Pro Fitcch Pvt. Ltd., and Pri Caf Pvt. Ltd. — also created new pledges of 14–15 lakh shares each with the same entity during the same period. The encumbered shares are below the 50% trigger of promoter holding (38.96%), indicating a routine margin financing arrangement rather than a stress signal.
The pledge is specifically for margin trading with Bajaj Financial Securities and is not a distress signal. However, the high total encumbrance (8.06% of total capital) and multiple simultaneous pledging events by multiple promoter entities warrants monitoring, especially if share price falls sharply, as it could trigger margin calls.