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 Sunil Purushottanm Agarwal and four related entities (Santanu Agarwal, Pro Fittch Pvt. Ltd., Pri Caf Pvt. Ltd., and Equilibrated Venture Cflow Pvt. Ltd.) have created new pledges on their Paisalo Digital shares between May 18-20, 2026. The largest pledge involves Equilibrated Venture Cflow Pvt. Ltd. pledging 7,57,05,002 shares (8.32% of total share capital) with Bajaj Financial Securities and IIFL Capital Services. Total pledged shares across all promoters represent only 2.76% of promoter shareholding, which is below the 50% threshold requiring special disclosure. The pledges are stated to be solely for availing margin trading facility with no transfer of ownership or control involved. Security cover ratios range from 1.62 to 1.67.
The pledge creation is relatively small in percentage terms and explicitly for margin trading purposes, suggesting routine borrowing activity rather than distress selling. However, the large absolute number of shares pledged by Equilibrated Venture Cflow could raise concerns if market conditions deteriorate and these shares face invocation risk.