StockWatch
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Waste Management
Shareholding11 Sept 2026, 10:28 am

GEM Enviro Promoter Pledges 6.8 Lakh Shares for Business Purpose

AI Summary

Dinesh Pareekh, a promoter of GEM Enviro Management Limited, has disclosed the creation of a pledge on 6,80,000 equity shares, representing 3.02% of the company's total share capital. The pledge was created on September 8, 2026, for business purposes, with Share India Securities Limited as the pledgee. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing also details the promoter's overall shareholding and the extent of encumbrance.

Key Highlights

  • Promoter Dinesh Pareekh pledged 6,80,000 shares.
  • The pledged shares represent 3.02% of total share capital.
  • The pledge was created for business purposes.
  • Share India Securities Limited is the pledgee.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.