Shareholding3 Jul 2026, 05:10 pm
Asgard Alcobev: Ronak Jain Creates Pledge on 50 Lakh Shares
AI Summary
Asgard Alcobev Limited (formerly Banganga Paper Industries Limited) has filed a disclosure under SEBI's substantial acquisition regulations. Promoter Ronak Jain and Persons Acting in Concert (PACs) have created a pledge on 50,00,000 equity shares, representing 1.60% of the total share capital. This pledge is in favor of International Financial Services Ltd. The disclosure details the shareholding changes before and after this encumbrance, indicating a shift in the pledged share count for Ronak Jain. The total equity share capital of the company is Rs. 31,15,32,917/-.
Key Highlights
- Promoter Ronak Jain and PACs pledge 50 lakh shares of Asgard Alcobev.
- Pledge represents 1.60% of total share capital.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- Pledge created in favor of International Financial Services Ltd.
- Total equity share capital stands at Rs. 31.15 crore.
Price Impact
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