Announced Tue, 20 May · 15:05 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte

Pledge ReleasedOwnership Changes View source PDF

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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 released a pledge on 3,75,00,000 equity shares (14.38% of total share capital) that were pledged as collateral with Shri Parasram Holdings Private Limited. The intimation date was 13th May 2025, with the disclosure filed on 15th May 2025. After this release, the promoter's shareholding remains unchanged at 7,87,93,177 shares (30.22%), and combined with PAC Wardwizard Solutions India Pvt Ltd (1.24%), the total promoter group holding stays at 31.47%. Additionally, the notes mention small fresh pledges of 3,50,000 shares with Luharuka Media & Infra Limited and 3,00,000 shares with Radhamani India Limited due to margin call shortfalls. Net effect is a significant reduction in pledged shares with Shri Parasram Holdings, though small pledges were added with two other lenders.

Likely market impact

Generally positive for shareholders as a major release reduces the risk of forced selling and signals either loan repayment or improved collateral position with the lender. However, the small additional pledges created for margin call shortfalls with other lenders suggest some ongoing financial stress that investors should monitor.