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 June ....
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Santanu Agarwal, along with certain promoter-group entities, disclosed creation of new pledges on Paisalo Digital shares on June 1, 2026. Santanu Agarwal personally pledged 18 lakh shares (0.20% of share capital) in favour of IIFL Capital Services and Motilal Oswal Financial Services. Another promoter, Sunil Agarwal, pledged 9 lakh shares (0.10%), while Sulabhya Paramita Private Trust pledged 28 lakh shares (0.31%) with Bajaj Financial Securities. The disclosure explicitly states that all these pledges were created solely to avail margin trading facility and do not involve any transfer of ownership or control. Santanu Agarwal's encumbered shares stand at 22.18% of his own promoter shareholding, which is below the 50% threshold.
Margin trading pledges are routine and do not signal distress or promoter exit. Since encumbrance is well below 50% of promoter holding and the stated purpose is margin trading only, the impact on the stock or shareholder concerns is minimal.