Promoter Kavitha Reddy Gangapatnam pledges 32,000 equity shares with 360 One Distribution Services
Promoter share encumbrance update.
By ScoutQuest · · 2 min read
- Shares Pledged
- 32,000 equity shares (0.10% of total share capital)
- Total Encumbered After Event
- 75,000 (0.24%)
- Promoter Holding
- 2,00,000 equity shares (0.65% of total share capital)
What was disclosed
- Kavitha Reddy Gangapatnam, shown as belonging to the promoter category of the company, created an encumbrance (a pledge) over 32,000 equity shares in favour of 360 ONE DISTRIBUTION SERVICES LIMITED.
- The date of creation of the encumbrance is 17.09.2026, and the event reported is "Creation".
- The reason recorded for the encumbrance is "Availing of loan".
- The shares pledged equal 0.10% of the total share capital of the company.
Promoter holding and encumbrance
- Promoter holding in the company: 2,00,000 equity shares, which is 0.65% of total share capital.
- Shares of this promoter already encumbered before this event: 43,000, or 0.14% of total share capital.
- Shares encumbered after this creation: 75,000, or 0.24% of total share capital.
- The disclosure also lists promoter/ PAC names alongside Kavitha Reddy Gangapatnam: D Anitha Reddy, Usha Reddy Chigarapalli, P Jayaprakash Reddy and Suprathik Reddy.
What a pledge means
- A pledge means shares are placed as collateral with a lender. The promoter continues to hold the shares and the voting rights attached to them, but the shares are marked as encumbered.
- If the loan is not repaid as agreed, the lender can act on the pledged shares. That is why a pledge is watched by investors.
- Here, the event reported is only the creation of the pledge on 17.09.2026. It is not a sale of shares by the promoter and it does not by itself change who owns the shares.
How to read the size of this
- The pledged block of 32,000 shares is 0.10% of total share capital, and the promoter's entire encumbered position after this event is 75,000 shares, or 0.24% of total share capital.
- The promoter's total reported holding is 2,00,000 equity shares, or 0.65% of total share capital.
Takeaway: This is a promoter-level disclosure that a fresh pledge has been created over 32,000 equity shares for a stated loan purpose, taking this promoter's total encumbered shares to 75,000 (0.24% of total share capital). The disclosure records the creation of the encumbrance and the resulting encumbered holding; it does not report any sale of shares.
Also from MTAR Technologies
Board meeting on 29 October 2026 to consider and approve unaudited results for the quarter and half year ended 30 September 2026
24 Oct 2026
More numbers
- Promoter holding in the company2,00,000 equity shares
- Promoter holding as % of total share capital0.65 % of total share capital
- Shares already encumbered before this event43,000
- Shares already encumbered as % of total share capital0.14
- Shares pledged (encumbered) in this creation32,000
- Pledged shares as % of total share capital0.10%
- Post-event holding of encumbered shares75,000
- Post-event encumbered shares as % of total share capital0.24%
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