Promoter discloses release of pledge on 10,05,13,070 shares, 14.99% of equity

Aequs promoter Melligeri Private Family Foundation (Mellwood Trustee Services Private Limited) has disclosed a release of pledge against shares it holds.

Sat 10 Oct 2026

Shares Released from Pledge

10,05,13,070 equity shares (14.99% of total share capital)

Holding Encumbered Before Event

Nil

Post-event Unencumbered Holding

10,05,13,070 shares, 14.99%

What was disclosed

The promoter of Aequs Limited, Melligeri Private Family Foundation (represented by Mellwood Trustee Services Private Limited), has disclosed a release of pledge against shares it holds in the company. The event date of the release is 08.10.2026 and the date of reporting is 09.10.2026.

Numbers in the disclosure

• Shares released from pledge: 10,05,13,070 equity shares
• That is 14.99% of the company's total share capital
• Promoter holding in the company: 10,05,13,070 shares, which is 14.99%
• Promoter holding already encumbered before this event: Nil
• Post-event unencumbered shares held by the promoter: 10,05,13,070 shares, or 14.99%

What a release of pledge means

When a shareholder pledges shares, the shares are placed as security with a lender. If the borrower does not repay, the lender can sell those shares. A release of pledge means those shares are no longer held as security, so they go back to being plain, unrestricted shares with the promoter.

Points to note

• The company states that the release of pledge is for a temporary short period, to enable the company to complete certain regulatory requirements.
• A note in the disclosure states that out of the 100,513,070 equity shares held, 100,438,070 equity shares were locked in for a period of 12 months pursuant to the IPO.

How this can be seen

On its face, 14.99% of the company's equity moving to an unencumbered position removes a restriction from the promoter's holding, which is generally read as a cleaner shareholding position. At the same time, the company's own wording that the release is temporary, and tied to completing certain regulatory requirements, means the situation may change again. How the promoter's holding is treated after that window is what will show whether the position stays unencumbered.

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