Advance Lifestyles: Promoter Prerna Agarwal Pledges 45.02 Lakh Shares

Advance Lifestyles Ltd has disclosed that promoter Prerna Agarwal has created a pledge on 45,02,633 equity shares. The pledge has been made in favor of Motilal Oswal Financial Services Limited. This disclosure is made under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing indicates a significant pledge of promoter holding, which could have implications for shareholding structure and potential future actions.