StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Nov 2026, 05:02 pm

India Finsec: Promoter Releases 12.92 Lacs Shares from Pledge

AI Summary

India Finsec Limited announced the release of a pledge on 12,92,540 equity shares, representing 4.43% of the company's total share capital. The shares were released by promoter Mr. Gopal Bansal and were previously pledged as collateral for intra-day margin requirements with Motilal Oswal Financial Services Ltd. This action is part of routine financial management by the promoter group.

Key Highlights

  • Promoter released 12,92,540 shares from pledge.
  • Released shares represent 4.43% of total share capital.
  • Pledge was for intra-day margin with a broker.
  • This is a routine release of encumbrance.