StockWatch
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Software Products
Shareholding11 Nov 2026, 06:32 pm

Moschip Technologies: Promoter Pledge of 2.57 Cr Shares

AI Summary

Mayuka Holdings Pvt Ltd, a promoter of Moschip Technologies Ltd, has submitted a revised disclosure regarding the pledge of 2,57,80,011 equity shares (13.21% of total share capital) in favor of Infina Finance Pvt Ltd. The pledge was created on October 12, 2026, with an amount involved of ₹87.50 Crores against which shares have been encumbered, and a security cover/value of ₹150.00 Crores, resulting in a ratio of 3.25:1. The borrowed amount is for the benefit of the promoter company for working capital needs.

Key Highlights

  • Promoter Mayuka Holdings pledges 2.57 Cr shares of Moschip Technologies.
  • Pledge is in favor of Infina Finance Pvt Ltd.
  • Encumbered shares represent 13.21% of total share capital.
  • Security cover is ₹150 Cr against ₹87.50 Cr borrowed amount.
  • Funds are for promoter company's working capital needs.