The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 07, 2025 for Super Infincon Pvt Ltd
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Supertex Industries Ltd's promoter entity, Super Infincon Pvt Ltd, has pledged 4,92,249 shares (4.34% of total share capital) with Caparo Financial Solutions Limited on November 6, 2025. This pledge represents only 4.34% of the total promoter shareholding of 15,07,289 shares (13.29% of the company). The borrowed amount of Rs 600 Lakhs will be used to repay an existing secured loan and for working capital needs. The value of the pledged shares on the event date was approximately Rs 35.15 Lakhs based on the volume-weighted average price of Rs 7.14 per share, giving a security cover ratio of 5.86x. This is a fresh creation of pledge and not an invocation or release.
The pledge creation is modest in size — only 4.34% of promoter shares are encumbered, well below the 50% threshold of promoter holding that would trigger heightened concern. Shareholders should note that the promoter is raising funds against shares, but the encumbrance level remains low and the stated purpose (loan repayment and working capital) is routine.