StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding28 Sept 2026, 01:28 pm

Dhvija Finance Promoter Releases 15.4 Lakh Shares from Pledge

AI Summary

Pankaj Kumar, a member of the promoter group of Dhvija Finance Limited (formerly F Mec International Financial Services Limited), has disclosed the release of a pledge on 15,39,999 shares, representing 3.14% of the total share capital. The shares were released from a pledge in favour of M/s Grow Money Capital Private Limited. The encumbrance was originally created for personal borrowing and did not involve any transfer of ownership or control. The release date was September 24, 2026, with the disclosure filed on September 28, 2025. This action pertains to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Pankaj Kumar released 15.4 lakh shares from pledge.
  • The release impacts 3.14% of Dhvija Finance's total share capital.
  • Shares were pledged for personal borrowing purposes.
  • The transaction is in compliance with SEBI (SAST) Regulations, 2011.