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 has created a pledge on 20,00,000 equity shares (0.22% of total share capital) of Paisalo Digital Limited. The pledge was created on May 21, 2026 with Motilal Oswal Financial Services Limited. The value of these shares on the date of event was Rs. 10.06 Crores against an amount of Rs. 6.04 Crores, giving a security cover ratio of 1.67. After this pledge, Santanu Agarwal's total encumbered shares stand at 50,21,000 (0.55% of share capital), which is 12.97% of his promoter holding. The promoter has clarified this pledge is solely for availing margin trading facility and does not involve any transfer of ownership or control. Total promoter group encumbrances across all entities amount to approximately 10.4% of share capital.
The pledge creation is routine in nature and below regulatory thresholds (12.97% of promoter holding, well below 50% limit). The margin trading explanation and no transfer of ownership suggests no immediate concern for minority shareholders.