Promoter group entity creates pledge on 2,50,000 equity shares

Vivaya Enterprises (Promoter Group) has created a pledge on 2,50,000 equity shares of the company.

Wed 7 Oct 2026

Shares Pledged

2,50,000 equity shares

Holding Before and After Pledge

14,98,235 shares (2.68%)

Value Stated in Form B

Rs. 13,09,87,500

What the company told the exchange

Kilburn Engineering has informed the stock exchange that it received a Form B disclosure from Vivaya Enterprises Private Limited, an entity in the Promoter Group, about the creation of a pledge on 2,50,000 equity shares of the company. The pledge was created on 30 September 2026 and the Form B is dated 05 October 2026.

The numbers in the disclosure

• Shares on which the pledge was created: 2,50,000 equity shares.
• Vivaya Enterprises' holding before the pledge: 14,98,235 equity shares, or 2.68%.
• Vivaya Enterprises' holding after the pledge: 14,98,235 equity shares, or 2.68%.
• Value stated against the transaction in Form B: Rs. 13,09,87,500. This value excludes taxes, brokerage and any other charges.
• The mode stated in the form is "Pledge Creation".

What a pledge means

A pledge is an encumbrance. The shareholder offers the shares as security, usually against a loan or another obligation, while continuing to own them. The shares stay in the shareholder's name, so the holding number does not change; only a charge is created on them. What a lender can do if the terms are not met depends on the arrangement between the parties.

What stands out here

The holding of the promoter group entity is the same before and after the event, at 14,98,235 shares and 2.68%, so this is not a purchase or a sale of shares by that entity. What has changed is that 2,50,000 of those shares are now pledged.

How such disclosures are usually read

• A pledge creation by a promoter or promoter group entity is a routine continual disclosure, and it is tracked because it shows how much of the promoter holding is committed as security.
• Investors generally look at the trend in pledged promoter holding over time, rather than reading one instance on its own.
• Since the shareholding itself is unchanged in this disclosure, the number of shares held by this promoter group entity is the same before and after the pledge.

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