Announced Wed, 2 Apr · 11:48 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 01, 2025 for Yatin Sanjay Gupte

Promoter Below 50pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Yatin Sanjay Gupte has disclosed the creation of fresh pledges on 87,83,700 equity shares (about 3.37% of share capital) across six transactions with five lenders on March 27 and 28, 2025. The reason cited in all cases is a shortfall in margin calls. The largest single pledge was 28,12,500 shares with Radhamani India Limited, followed by 25,75,000 shares with the same lender and 20,00,000 shares with Luharuka Media & Infra. After this event, the promoter's total encumbered shares stand at 3,44,03,000 shares, or 13.20% of the company's share capital, up from 9.83% earlier. The promoter continues to hold 30.22% of the company.

Likely market impact

Negative signal for the stock — repeated margin call shortfalls suggest the promoter is under financial stress, and rising pledged holdings increase the risk of forced share sales if the stock price falls further.