Promoter group member reports release of pledge on 15,39,999 shares (3.14%)
Promoter group member Pankaj Kumar has reported release of pledge on 15,39,999 shares, which is 3.14% of total share capital.
By ScoutQuest · · 1 min read
- Shares Released from Pledge
- 15,39,999 shares
- Percentage of Share Capital
- 3.14%
- Date of Release
- 24.09.2026
- Pledgee
- M/s Grow Money Capital Private Limited
- Promoter Total Holding
- 35,84,394 shares (7.33% of share capital)
What was disclosed
Pankaj Kumar, a member of the promoter group, shared a disclosure under Regulation 31(1) of SEBI (SAST) Regulations, 2011 reporting a release of pledge on shares of the company.
Key details
- Shares released from pledge: 15,39,999
- That is 3.14% of total share capital
- Date of release of encumbrance: 24.09.2026
- In favour of: M/s Grow Money Capital Private Limited, stated to be an NBFC
- Promoter's total holding: 35,84,394 shares, or 7.33% of total share capital
Reason stated
The update states the pledge had been created solely for personal borrowing and does not involve any transfer of ownership or control of shares. The end use of money is recorded as personal use by promoters. The encumbrance is not linked to any debt instrument such as a debenture, commercial paper or certificate of deposit.
How to read it
A pledge is a lender's security over shares. A release means that security has been lifted on those shares. This is a promoter-level transaction reported to the exchange; the shares remain with the promoter group and the company's own shareholding structure is unchanged by it.
Other promoter group holdings listed include Manoj Kumar Jain at 27,09,938 shares (5.54%), Niraj Jain at 21,14,381 shares (4.32%) and Mahima Jain at 19,59,925 shares (4.01%), with no encumbrance events reported against them.
Also from Dhvija Finance
CFO Mahima Jain resigns with immediate effect citing personal and unavoidable circumstances
19 Oct 2026
Promoter group member reports release of pledge on 15,39,999 shares
28 Sep 2026
More numbers
- Shares released from pledge15,39,999
- Released shares as % of total share capital3.14%
- Promoter holding (Pankaj Kumar)35,84,394
- Promoter holding % of share capital7.33
- Manoj Kumar Jain holding2709938
- Manoj Kumar Jain holding %5.54
- Niraj Jain holding2114381
- Niraj Jain holding %4.32
- Mahima Jain holding1959925
- Mahima Jain holding %4.01
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