StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding3 Jul 2026, 01:35 pm

Paisalo Digital: Promoter Group Releases Pledged Shares

AI Summary

Paisalo Digital Ltd announced that its promoter group entity, Equilibrated Venture Cflow Pvt Ltd, has released pledged shares. This disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertains to the release of 1,20,00,000 shares, representing 1.32% of the total share capital, which were previously pledged. The release was effective on July 2, 2026, and the reason cited is the availment of a loan for onward payment for conversion of equity warrants. The shares were pledged in favor of STCI Finance Ltd.

Key Highlights

  • Promoter group entity released 1.32% of total share capital.
  • Release of 1,20,00,000 pledged shares effective July 2, 2026.
  • Reason: Loan for onward payment for equity warrant conversion.
  • Shares were pledged with STCI Finance Ltd.
  • Disclosure filed under SEBI Takeover Regulations.