The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 12, 2025 for Yatin Sanjay Gupte
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Yatin Sanjay Gupte has pledged 3,75,00,000 equity shares (about 14.39% of total share capital) in favour of Shri Parasram Holdings Private Limited. The pledge acts as collateral for a loan taken from Tick 'N' Trade Investments Pvt. Ltd. for operational and strategic business needs. After this pledge, the promoter's encumbered shares stand at 7,36,86,344 (28.265% of total capital), out of his total holding of 7,87,93,177 shares (30.22%). The pledged shares have been valued at three times the sanctioned credit facility. The loan agreement was executed on 6th May 2025, and the disclosure was filed on 12th May 2025.
Nearly all of the promoter's personal holding (around 93% of his 30.22% stake) is now pledged, which raises risk for shareholders in case of any loan default or pledge invocation. The move signals the promoter is raising funds against his own shares rather than diluting equity, but high pledged holding is generally viewed negatively by the market.