StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding8 Jun 2026, 09:50 am

Paisalo Digital: Promoter Group Releases 25.2 Lakh Shares from Pledge

AI Summary

Paisalo Digital Limited announced the release of 25,20,000 pledged shares by promoter group entity EQUILIBRATED VENTURE CFLOW PVT. LTD. on June 5, 2026. These shares represent 0.28% of the total share capital. The release was made as collateral for loans taken by the promoter group entity from Cholamandalam Investment And Finance Company Limited. This action reduces the encumbered promoter shareholding, potentially improving the stock's float and market perception.

Key Highlights

  • Promoter group entity released 25.2 lakh pledged shares.
  • Release represents 0.28% of total share capital.
  • Shares were collateral for loans taken by the promoter.
  • Transaction occurred on June 5, 2026.