StockWatch
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Waste Management
Shareholding11 Sept 2026, 10:18 am

GEM Enviro Promoter Sangeeta Pareekh Pledges 17.9 Lakh Shares

AI Summary

Sangeeta Pareekh, a promoter of GEM Enviro Management Ltd, has disclosed the creation of a pledge on 17,90,400 equity shares, representing 7.94% of the company's total share capital. The pledge was created on September 8, 2026, for personal purposes. This action involves shares held by Sangeeta Pareekh and potentially other related parties, with Share India Securities Limited as the entity in whose favor the pledge is made. The disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total promoter shareholding encumbered is 36.24% of the total promoter shareholding.

Key Highlights

  • Promoter Sangeeta Pareekh pledged 17.9 lakh shares (7.94% of capital).
  • Pledge created for personal purposes on September 8, 2026.
  • Share India Securities Limited is the beneficiary of the pledge.
  • Total promoter shareholding encumbered stands at 36.24%.