The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 02, 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 submitted a revised disclosure under SEBI SAST Regulations to correct earlier reporting errors in his share pledge details. The revision covers four transactions between June 19 and June 25, 2025: two pledge creations totaling 1,93,54,839 shares (about 7.42% of share capital) in favour of Gangabase Barter Pvt. Ltd., and two pledge invocations totaling 40,60,000 shares (about 1.56%) by Bikewin Trading Pvt. Ltd. and KNAB Finance Advisors Pvt. Ltd. After all events, the promoter's individual holding stands at 6,48,43,177 shares (24.87%), with encumbered shares at 6,05,81,183 (23.24%). The revision was prompted by discrepancies flagged by BSE in the promoter's earlier filings regarding promoter holding, encumbered shares, and post-event encumbrance figures.
Pledge invocations indicate the promoter is under financial stress, as lenders have begun enforcing pledged shares. With nearly 23.24% of the company's shares encumbered and the promoter holding only 24.87%, any further invocation could meaningfully erode promoter control. This is a negative signal for shareholders and may put pressure on the stock price.