Promoter releases pledge on 50,00,000 shares, 4.39% of total share capital

Rehash Industrial and Resins Chemicals Private Limited, a promoter, has released a pledge on 50,00,000 equity shares.

Mon 5 Oct 2026

Shares Released from Pledge

50,00,000 equity shares

Released Shares as % of Share Capital

4.39% of the total share capital

Encumbered Shares After Release

0 (0%)

Promoter Holding

72,17,040 shares, or 6.34% of the share capital

Pledge Release Date

24.09.2026

Release of pledge on promoter shares

What the update says happened

• Rehash Industrial and Resins Chemicals Private Limited, a promoter of the company, has released a pledge on 50,00,000 equity shares.
• The release is dated 24.09.2026 and the disclosure is dated 03.10.2026.
• The update states the pledge was created for availing a loan from Tata Capital Limited, and that the pledge has been released after repayment of that loan.
• The exchange disclosure is made under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The numbers

• Shares on which the pledge was released: 50,00,000, equal to 4.39% of the total share capital.
• Total holding of this promoter: 72,17,040 shares, or 6.34% of the total share capital.
• Encumbered shares before the event: 50,00,000 (4.39%); after the event: 0 (0%).

How the wider promoter group looks in the update

• Anand Sureshbhai Desai: 1,10,76,940 shares (9.73%), of which 1,08,76,940 shares (9.55%) are shown as encumbered.
• Mona Anandbhai Desai: 41,40,625 shares (3.64%), of which 41,40,625 shares (3.64%) are shown as encumbered.
• Shraddha Anand Desai: 77,86,435 shares (6.84%), of which 50,00,000 shares (4.39%) are shown as encumbered.
• Kiran Pallavi Investments LLC: 3,62,06,896 shares (31.80%), with 0 shares encumbered.
• Ushma Deven Mehta: 2,00,000 shares (0.18%); Panna Divyesh Vaidya: 6,25,000 shares (0.55%); Gaurav Ramsarup Khurana HUF: 80 shares (0.00%); each with 0 shares encumbered.

What a pledge and a release mean

• A pledge is when shares are placed with a lender as security against a loan. While pledged, those shares carry a claim of the lender.
• When the borrower repays the loan, the pledge is released and the shares are free of that claim.
• Here the entire 50,00,000 shares pledged in favour of the lender named in the update have been released, and the promoter's encumbered count has come down to zero.
• What is reported is a change in the status of shares already held, not a fresh purchase or sale of shares by the promoter.

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