The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 30, 2025 for Sohan Lal Agarwal
WEBELSOLAR · price
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Awaiting price reaction for this filing.
Websol Energy System promoter Sohan Lal Agarwal has filed a disclosure under SEBI's Takeover Regulations reporting the creation of a new pledge of 75,000 equity shares, equal to about 0.18% of the company's paid-up share capital. The pledge has been created in favour of Aamara Capital Pvt Ltd on May 30, 2025, with the stated purpose of raising a loan. The promoter holds approximately 38.63 lakh shares in Websol, representing around 11.62% of the company's share capital. A very large portion of his existing holdings already appears to be encumbered, with the additional pledge pushing his pledged share base higher. This is a routine Regulation 31(1)/31(2) filing made by the promoter to the stock exchanges and the company.
The fresh pledge signals continued leveraging by the promoter to raise funds, and since a large majority of his shares are already pledged, retail investors should monitor any further encumbrance or invocation closely as it could affect share price stability and promoter control.