Release of pledge on 27,000 equity shares held by promoter Jupiter Capital

Jupiter Capital Private Limited has released a pledge on 27,000 equity shares of the target company.

Wed 7 Oct 2026

Shares Released from Pledge

27,000 equity shares

Encumbered Promoter Holding After Release

23,24,000 shares (5.47%)

Total Promoter Holding

1,90,61,817 shares, or 44.82% of total share capital

What has happened

Jupiter Capital Private Limited, a promoter of the target company, has released a pledge on 27,000 equity shares. These shares were pledged in favour of Tata Capital Limited and were held as security. The event is dated 6 October 2026 and was reported to the exchanges on 7 October 2026.

Where the promoter holding stands

• Total promoter holding: 1,90,61,817 shares, equal to 44.82% of total share capital.
• Encumbered before this release: 23,51,000 shares, or 5.53% of total share capital.
• Shares released from pledge: 27,000 shares, or 0.06% of total share capital.
• Encumbered after the release: 23,24,000 shares, or 5.47% of total share capital.

How to read it

A pledge means the shares are held as security, so they carry a restriction while pledged. A release means that restriction on these 27,000 shares has been lifted, and they are no longer committed to the lender as security.

In size, the release is small. The 27,000 shares let go are 0.06% of total share capital, and the encumbered portion of the promoter's stake eases from 5.53% to 5.47%. The promoter continues to hold 44.82% of the company.

The remaining encumbered shares, 23,24,000 or 5.47% of total share capital, stay pledged in favour of the lender under the earlier arrangement. Investors often track what share of a promoter's holding is encumbered, because it shows how much of that stake is committed as security.

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