India Finsec: Promoter Share Pledge Released

India Finsec Limited has announced the release of pledged equity shares by its promoters, including Mr. Gopal Bansal, Mr. Manoj Sharma, and entities like Gopal Bansal LLP and Daisy Distributors Private Limited. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the un-pledging of shares primarily against availability for intraday margin by brokers. This action signifies a reduction in the encumbrance on promoter holdings, with specific amounts and percentages detailed for each promoter group member.