StockWatch
·
Civil Construction
Shareholding29 Aug 2026, 05:52 pm

Deepak Kumar Singal Pledges 15 Lakh Shares

AI Summary

Deepak Kumar Singal, a promoter of Deepak Builders and Engineers India Ltd, has created a pledge over 15,00,000 equity shares, representing 0.50% of his total promoter shareholding and 0.32% of the total share capital. The encumbrance was created on August 22, 2026, with Comfort Fincap Limited as the beneficiary. The shares were pledged for personal use by the promoter, with an involved amount of ₹4,00,00,000 against shares valued at ₹1,02,00,000. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Deepak Kumar Singal pledged 15 lakh shares.
  • Pledge represents 0.50% of promoter holding.
  • Shares pledged for personal use.
  • Comfort Fincap Limited is the beneficiary of the pledge.