Shareholding5 Sept 2026, 11:32 am
Choice International: Promoter Arun Kumar Poddar Releases Encumbrance
AI Summary
Choice International Limited has announced the release of encumbrance on shares held by promoter Arun Kumar Poddar. This disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertains to the release of a pledge on 6,00,000 shares, representing 0.27% of the total share capital. The event was reported on September 4, 2026. Several other promoters and promoter group entities also have varying levels of encumbrance or no encumbrance on their holdings.
Key Highlights
- Promoter Arun Kumar Poddar released encumbrance on 6,00,000 shares.
- The released shares represent 0.27% of Choice International's total share capital.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- The event signifies a reduction in pledged shares by a key promoter.
- Reporting date for the release of encumbrance was September 4, 2026.
Price Impact
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