StockWatch
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Garments & Apparels
Shareholding9 Sept 2026, 07:50 pm

Thomas Scott Promoter Laxminiwas Bang Encumbers 2.36% Shares

AI Summary

Laxminiwas Bang, a promoter of Thomas Scott (India) Limited, has disclosed the encumbrance of 3,51,650 shares, representing 2.36% of the company's total share capital. His wife, Mrs. Pushpadevi Laxminiwas Bang, also encumbered 375 shares (0.0% of total share capital). The encumbrance, classified as a pledge for security, was created on September 1, 2026, in favor of Bang Overseas Limited. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Laxminiwas Bang encumbers 2.36% stake in Thomas Scott (India) Ltd.
  • Total of 3,52,025 shares encumbered by promoter and spouse.
  • Encumbrance is a pledge for security in favor of Bang Overseas Limited.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.
  • Transaction date for encumbrance is September 1, 2026.