The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
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Promoter Yatin Sanjay Gupte has had a pledge revoked on 12,42,200 equity shares (0.48% of total share capital) by Knab Finance Advisors Private Limited on 28th August 2025. The revocation was done after the promoter fully repaid the loan and closed the credit facility with the lender. Encumbered shares have reduced from 11.33% to 10.86% of the company. The promoter's overall holding remains unchanged at 18.63% (48,566,153 shares), well below 50%.
This is a positive signal for shareholders — the promoter has cleared a loan obligation, reducing encumbrance on shares. Lower pledged shares mean less risk of forced selling and indicate improved financial health of the promoter.