Announced Wed, 1 Oct · 10:38 IST

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

Pledge ReleasedPromoter Below 50pctOwnership Changes View source PDF

Price

Loading chart…

▲ 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, along with PAC Wardwizard Solutions India Private Limited, has informed the exchange about the release/revocation of 30,00,000 pledged equity shares (1.15% of total share capital) by pledgee Luharuka Media and Infra Ltd on 25th September 2025. The release was executed after full repayment of the credit facility and closure of the associated loan. Before this release, encumbered shares stood at 4,11,21,729 (15.77%), which has now reduced to 3,81,21,729 (14.62%) of the company's equity. Total promoter holding remains unchanged at 4,85,66,153 shares (18.63%), with no change in actual share ownership — only the encumbrance status has changed.

Likely market impact

Positive signal for shareholders — the promoter has cleared loan obligations tied to pledged shares, reducing encumbrance risk and improving the free-float quality of promoter holdings. No change in ownership or voting power.