
Shareholding23 Oct 2026, 10:07 am
Deepak Builders Promoter Pledges 20 Lakh Shares for Personal Use
AI Summary
Mr. Deepak Kumar Singal, Promoter of Deepak Builders and Engineers India Ltd, has disclosed the creation of a pledge on 20,00,000 equity shares, representing 0.43% of the total share capital and 0.66% of his promoter shareholding. The encumbrance, created on October 17, 2026, is a pledge in favour of Comfort Fincap Limited for personal use by the promoter. The value of the encumbered shares on the date of the event was ₹1,27,00,000, with an amount involved of ₹4,00,00,000.
Key Highlights
- Promoter Mr. Deepak Kumar Singal pledged 20 lakh shares.
- Shares pledged for personal use, not for company benefit.
- Pledge is in favour of Comfort Fincap Limited.
- Encumbrance represents 0.43% of total share capital.
- Pledge created on October 17, 2026.
Price Impact
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