Shareholding22 Oct 2026, 04:05 pm
Deepak Kumar Singal Pledges 5.44 Cr Shares for Personal Use
AI Summary
Deepak Kumar Singal, Promoter of Deepak Builders and Engineers India Ltd, has disclosed the creation of a pledge on 54,400,000 equity shares, representing 11.68% of his total promoter holding and 0.43% of the total share capital. The pledge was created on October 17, 2026, for personal use by the promoter, with Comfort Fincap Limited being the entity in whose favor the shares are encumbered. The value of the encumbered shares is ₹12.70 Crore, against which ₹4.00 Crore is involved for personal use. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Deepak Kumar Singal pledged 54.4 million shares.
- Pledge represents 11.68% of promoter holding.
- Shares encumbered for personal use.
- Comfort Fincap Limited is the beneficiary of the pledge.
- Disclosure made under SEBI Takeover Regulations.
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