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 September ....
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Promoter Fayaz Usman Faheed has pledged an additional 39,00,000 equity shares (60.07% of total share capital) of SDC Techmedia Limited in favour of Martin Happy Home Private Limited on 24 September 2025. With this new pledge, the promoter's entire holding of 48,61,200 shares (74.87% of the company) is now encumbered — meaning 100% of his stake is pledged. The pledge is for a Rs. 35 crore loan taken at 12% interest, to be used for purchasing, rolling out, and installing Sony 4K Digital Cinema Projection Systems, repayable in monthly instalments. The company is listed on the BSE SME platform.
With the promoter's entire shareholding now pledged, shareholders face heightened risk if the company or promoter defaults on the loan — pledgee could sell these shares, causing sharp price drops. However, the loan is for the company's own business expansion (digital cinema systems), so successful execution could benefit the business.