StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Nov 2026, 04:53 pm

India Finsec: Promoter Mukesh Sharma Pledges 4.43% Shares

AI Summary

India Finsec Limited has disclosed that promoter Mukesh Sharma has created a pledge on 12,92,540 equity shares, representing 4.43% of the total share capital. This pledge was created on November 3, 2026, for intra-day margin purposes with broker Motilal Oswal Financial Services Ltd. The disclosure was made on November 7, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This action impacts the promoter group's total encumbered shares, which now stand at 94.36% of their total shareholding.

Key Highlights

  • Mukesh Sharma pledged 4.43% of India Finsec shares.
  • Pledge created for intra-day margin with Motilal Oswal.
  • Disclosure made under SEBI Takeover Regulations.
  • Promoter group's encumbered shares reach 94.36%.