Announced Sat, 30 Aug · 17:52 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 InvokedPledge ReleasedPledge Above 50pctOwnership 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 disclosed under SEBI SAST Regulation 29(2) that 2,00,000 equity shares (0.08% of capital) pledged with Knab Finance Advisors Private Limited were invoked on 18th August 2025 due to a shortfall in the required margin. Separately, 1,27,90,000 shares (4.91%) pledged with Radhamani India Limited were released on 21st August 2025 after the promoter fully cleared all outstanding dues on that credit facility. Post these transactions, the promoter's total encumbered (pledged) shares stand at 2,95,43,929 (11.33% of total share capital), while his overall holding is reported at 4,85,66,153 shares (18.63%).

Likely market impact

The large pledge release is a positive signal, showing the promoter successfully repaid a sizeable loan and freed up shares from encumbrance. However, the simultaneous invocation of a smaller pledge points to some short-term margin stress. Net effect is mildly positive for shareholder sentiment, though over 60% of the promoter's personal holding remains pledged, keeping encumbrance risk in play.