With reference to the aforesaid regulation, please find attached the disclosures regarding release of the pledge on equity shares of the Company held by the promoters of the company
SUPREMEINF · price
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Supreme Infrastructure India Limited has disclosed the release of pledges on a total of 17,69,332 equity shares held by promoters. Specifically, 651,000 shares (2.53%) pledged by Bhawanishankar Harishchandra Sharma, 299,000 shares (1.16%) pledged by Vikram Bhawanishankar Sharma, and 819,332 shares (3.19%) pledged by BHS Housing Private Limited were released by SBICAP Trustee Company Limited on July 29, 2025. After the release, promoter Bhawanishankar Sharma has 6.95 lakh encumbered shares (2.71%), Vikram Sharma has 7.08 lakh (2.76%), and BHS Housing has 25.30 lakh (9.85%). The unpledging was processed as per pledgee request, suggesting promoters have reduced their loan obligations or strengthened their financial position.
This is a positive development for shareholders, as the release of pledged shares reduces the risk of forced selling and signals improved financial standing of the promoters. Lower encumbrance typically boosts investor confidence and can be supportive of the stock price.