Promoter creates pledge over 2,80,000 equity shares, 0.56% of total share capital

Promoter Ankit Mehta has created a pledge over 2,80,000 equity shares of the company, which is 0.56% of its total share capital.

Mon 5 Oct 2026

Shares Pledged

2,80,000 equity shares, 0.56% of total share capital

Encumbrance in Favour Of

Infina Finance Private Limited

Reason for Encumbrance

personal financial requirements

Total Encumbered After Event

6,50,370 shares, 1.30% of total share capital

Promoter Holding

36,86,964 shares (7.42%); pledged shares 2.23% of his holding

What was disclosed

Mr. Ankit Mehta, Promoter and Whole Time Director of the company, has disclosed creation of an encumbrance over 2,80,000 equity shares. The update describes the type of event as creation and the type of encumbrance as a pledge.

The shares are encumbered in favour of Infina Finance Private Limited. The stated reason for the encumbrance is personal financial requirements.

The numbers

• Promoter holding in the company: 36,86,964 shares, or 7.42% of total share capital
• Holding already encumbered before this event: 3,70,370 shares, or 0.74% of total share capital
• Shares pledged in this event: 2,80,000, or 0.56% of total share capital
• Encumbered shares after the event: 6,50,370, or 1.30% of total share capital
• The newly pledged shares equal 2.23% of the promoter's own shareholding
• Date of creation of the encumbrance recorded as 28/09/2026

What a pledge means

A pledge is one form of encumbrance, where shares are placed as security. The promoter's holding continues to be shown at 36,86,964 shares, of which 2,80,000 shares are now marked as encumbered in this event.

How large is it

• The pledged shares are 0.56% of the company's total share capital and 2.23% of the promoter's shareholding.
• After this event, total encumbered shares of the promoter are 6,50,370, which is 1.30% of total share capital.
• The update answers two threshold questions with "No": whether encumbered shares are 50% or more of promoter shareholding, and whether they are 20% or more of total share capital.

Why investors track promoter encumbrance

Promoter encumbrance disclosures are followed as an indicator of how much of the promoter's stake is committed as security against obligations. Here, the fresh pledge is a small proportion of both the promoter's holding and the company's total share capital, and the reason stated in the update is personal financial requirements.

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