Promoters pledge 100 percent of holdings (44.79 percent of capital) for personal use

Pledge Above 50pctPromoter Below 50pctOwnership Changes View source PDF Explain this filing

RACE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹112.15

prior close

₹112.64

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-1.9% vs market

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-1.2

15m

-0.9

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.9+0.0-1.9

Next day

-2.8+1.3-4.1

-7.1+1.1-8.2

-9.4-1.7-7.7

-7.7-1.4-6.2

-8.9-0.6-8.3

-5.3+0.3-5.5

15d

-6.9pendingpending

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters Dinesh Pareekh, Sangeeta Pareekh and BLP Equity Research have pledged all their 77,30,100 shares (44.79 percent of total capital) with Share India Securities Limited for personal purposes. The pledge was created on 08/09/2026. This means 100 percent of promoter shareholding is now encumbered, and it exceeds 20 percent of total share capital of the company.

Likely market impact

All promoter shares are now pledged for personal loans. Default risk could trigger invocation and a significant change in company shareholding or control.