Deepak Builders Promoter Pledges 15 Lakh Shares

Deepak Builders and Engineers India Ltd announced that Mr. Deepak Kumar Singal, a promoter, has created a pledge on 15,00,000 shares. This represents 0.50% of the promoter's total shareholding and 0.32% of the company's total share capital. The encumbrance was created on August 22, 2026, with Comfort Fincap Limited as the entity in whose favor the shares were pledged. The reason for the pledge is not explicitly detailed but falls under regulatory disclosures for substantial acquisition of shares and takeovers.