StockWatch
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Computers - Software & Consulting
Shareholding1 Sept 2026, 12:25 pm

Ampvolts Promoter Pledges 37 Lakh Shares for Working Capital

AI Summary

AV AC DC Renew Private Limited, a promoter of Ampvolts Limited (formerly Quest Softech India), has created a pledge on 37,03,704 equity shares, representing 26.07% of its promoter holding and 13.47% of the total share capital. This pledge was created on August 26, 2026, in favor of Cholamandalam Securities Limited to secure working capital loan availed by Ampvolts Limited. The disclosure was made to the stock exchanges on September 1, 2026, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This action impacts the promoter's unencumbered shareholding.

Key Highlights

  • Promoter AV AC DC Renew Pvt Ltd pledged 37,03,704 shares of Ampvolts Ltd.
  • Pledge created on August 26, 2026, for working capital loan.
  • Shares are pledged in favor of Cholamandalam Securities Limited.
  • The pledged shares represent 26.07% of promoter holding.
  • Disclosure filed on September 1, 2026, under SEBI Takeover Regulations.