Announced Tue, 13 Oct, 2026 · 17:54 IST
Promoter Mehul Shah creates pledge on 19.04% stake in Shah Construction
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Promoter Mehul Jadavji Shah has created a pledge over 30,706 equity shares of Shah Construction Company, representing 19.04% of the company's paid-up equity share capital. This is a fresh encumbrance created on October 8, 2026 and reported to the exchange on October 13, 2026 under SEBI Takeover Regulations, 2011. Earlier, the promoter had no encumbered shares.
Likely market impact
Promoter pledging shares may signal a need for funds. Monitor for margin call risk if share price falls sharply.