The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 20, 2026 for Hariprabha Parikh
PASHUPATI · price
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Ms. Hariprabha Aravindbhai Parikh, a Promoter Group Member of Pashupati Cotspin Ltd, has created a pledge on 2,00,000 equity shares (1.27% of total share capital) on March 18, 2026. The pledge is in favour of Armour Capital Private Limited and the stated reason is repayment of a loan. Her total holding in the company stands at 15,83,000 shares, representing 10.03% of the share capital, of which 1.27% is now encumbered.
This is a minor encumbrance (only 1.27% of shares pledged) and is a routine funding activity by a promoter group member for loan repayment. It is not likely to materially affect the stock price, but shareholders should monitor if more shares are pledged in the future, as rising pledged promoter holdings can be a concern.