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.
Equilibrated Venture Cflow Pvt. Ltd., a promoter group entity of Paisalo Digital Limited, has disclosed the release of 30 lakh pledged shares (0.33% of total share capital) on May 12, 2026. The release was from collateral held by Cholamandalam Investment and Finance Company Limited against loans taken by the entity. Post-release, the encumbered shares reduced from 7.49 crore (8.24%) to 7.19 crore (7.91%) of total share capital. The promoter entity holds 18.67 crore shares (20.53% of total capital), with 38.50% of its holding still under encumbrance. This falls below both the 50% promoter threshold and 20% total capital threshold for regulatory concern. Other promoters (Sunil Agarwal, Santanu Agarwal, Suneeti Agarwal) hold shares with zero encumbrance.
The release of pledged shares indicates improved financial flexibility for the promoter group and reduces lender claim on company shares, which is marginally positive for minority shareholders. The promoter still has significant encumbrance at 38.5% of their holding.