The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 25, 2025 for Fayaz Usman Faheed
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Fayaz Usman Faheed, promoter of SDC Techmedia Ltd, has created a pledge on 39,00,000 equity shares (60.07% of total share capital) with Martin Happy Home Private Limited on September 24, 2025. This is in addition to an existing pledge of 9,61,200 shares (14.80%) created in July 2023, bringing the total encumbered shares to 100% of the promoter's holding (74.87% of total share capital). The pledge serves as additional collateral for a Rs. 35 crore loan taken by SDC Techmedia for purchase, rollout and installation of Sony 4K Digital Cinema Projection Systems, carrying 12% annual interest with monthly repayment. The value of the newly pledged shares on the event date was Rs. 7.76 crore against the Rs. 35 crore loan, giving a cover ratio of 0.22.
With 100% of the promoter's stake now pledged, shareholders should be cautious — any default on the Rs. 35 crore loan could lead to pledge invocation and potential change in control. However, the loan is for the company's own business expansion (digital cinema systems), which is a positive signal if executed well.