Legal7 April 2026 at 05:36 am
Pledge of Equity Shares by Promoter of India Finsec Ltd Disclosed to Stock Exchange
AI Summary
The Exchange has received disclosures of reasons for encumbrance by the promoter of India Finsec Ltd under SEBI (SAST) Regulations, 2011. The disclosure reveals the creation of a pledge of Equity Shares of M/s India Finsec Limited. The pledge is created for a loan of approximately 9% of the total share capital. The pledgee is a financial institution, and the pledged shares represent about 19% of the total share capital.
Key Highlights
- Pledge of Equity Shares by promoter of India Finsec Ltd disclosed to the stock exchange.
- The pledge is for a loan of approximately 9% of the total share capital.
- The pledgee is a financial institution.
- The pledged shares represent about 19% of the total share capital.
- The disclosure was made under SEBI (SAST) Regulations, 2011.