Paisalo Digital532900Promoter pledge update
Revised Reg 31 disclosure: pledge of 20,00,000 promoter shares (0.22%) for margin facility
Revised Reg 31 disclosure by promoter Santanu Agarwal — refiled to correct a clerical error in the encumbered holding.
By ScoutQuest · · 3 min read
25.54%Encumbered shares as % of Santanu Agarwal's promoter holding
- Shares Pledged
- 20,00,000 shares (0.22% of total share capital)
- Post-Event Encumbered Holding
- 1,10,56,000 shares (1.21%)
- Encumbered as % of Promoter Holding
- 25.54% of his 4,32,96,000 shares (4.74%)
What happened
- Santanu Agarwal, a promoter of Paisalo Digital Limited, has submitted a revised disclosure relating to encumbrance of shares of the company.
- The revision was made because of a clerical error in the encumbered holding figure, in reference to an earlier intimation dated September 29, 2026.
- The event reported is creation of a pledge of shares, with the date of creation given as 29.09.2026.
The figures for this promoter
- Promoter holding in the target company: 4,32,96,000 shares, being 4.74% of total share capital.
- Holding already encumbered before the event: 90,56,000 shares, being 1.00% of total share capital.
- Shares pledged in this event: 20,00,000 shares, being 0.22% of total share capital.
- Post-event encumbered holding: 1,10,56,000 shares, being 1.21% of total share capital.
- Encumbered shares as a percentage of his promoter shareholding: 25.54%.
- Entity in whose favour the shares are encumbered: Motilal Oswal Financial Services Limited.
Same event reported for another promoter
- Sunil Purushottanm Agarwal: promoter holding 11,52,73,800 shares (12.61%), already encumbered 93,56,000 shares (1.02%), a pledge of 20,00,000 shares (0.22%) created on 29.09.2026, taking post-event encumbered shares to 1,13,56,000 shares (1.24%).
- The entity in whose favour these shares are encumbered is also Motilal Oswal Financial Services Limited.
Why the shares are pledged
- The stated reason is maintaining margin, with additional shares pledged on an already availed margin trading facility.
- The disclosure states that this does not involve any transfer of ownership or control of shares.
- For the earlier encumbrances listed in the disclosure, the reason given is availing a margin trading facility, and one earlier transaction is described as a loan against security.
Other promoter entities named in the table
- PRO FITCCH PVT. LTD.: 2,95,17,220 shares (3.23%), encumbered 97,96,002 shares (1.07%).
- PRI CAF PVT. LTD.: 3,12,74,400 shares (3.42%), encumbered 98,65,002 shares (1.08%).
- EQUILIBRATED VENTURE CFLOW PVT. LTD.: 19,39,89,880 shares (21.22%), encumbered 3,41,56,000 shares (3.74%).
- MS. SUNEETI AGARWAL, SULABHYA PARAMITA PRIVATE TRUST and SUNEETI DOLAA PRIVATE TRUST appear in the table with nil encumbered shares.
- These holdings and encumbrance figures are stated as on the reporting date, and are listed for all promoters irrespective of whether they reported an event on that date.
The earlier encumbrance history
- The disclosure lists existing events from 14.05.2026 and 15.05.2026, 18.05.2026 and 20.05.2026, 21.05.2026, 26.05.2026 and 27.05.2026, 01.06.2026, 07.09.2026 and 29.09.2026, along with a release of pledged shares on 04.09.2026.
- For each of these, the value of shares on the date of the event and the amount involved against which the shares were encumbered are given, with the ratio of the two ranging from 1.58 to 2.00.
- The entities in whose favour shares were encumbered in these events include Bajaj Financial Securities Limited, Motilal Oswal Financial Services Limited, Sharekhan Limited, IIFL Capital Services Ltd and Bikewin Trading Private Limited.
How to read this
- A pledge means the shares are held as security, in this case for a margin trading facility that was already availed.
- The promoter continues to hold the shares; the pledge is a restriction on the shares and, as stated in the update, does not by itself involve transfer of ownership or control.
- The freshly pledged shares are 0.22% of total share capital, and the promoter's total encumbered holding after the event is 1.21% of total share capital.
- The disclosure also answers that encumbered shares are not 50% or more of this promoter's shareholding and not 20% or more of total share capital.
Also from Paisalo Digital
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22 Oct 2026
Paisalo Digital Q2FY27: AUM up 33% to Rs 72,659 mn, PAT up 27% to Rs 656 mn
22 Oct 2026
Paisalo Digital Q2FY27: AUM up 33% YoY to Rs 72,659 Mn, disbursements up 42%; NIM falls to 5.7%
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More numbers
- Santanu Agarwal promoter holding (shares)4,32,96,000
- Santanu Agarwal holding as % of total share capital4.74
- Shares pledged by Santanu Agarwal on 29.09.202620,00,000
- Santanu Agarwal post-event encumbered shares1,10,56,000
- Encumbered shares as % of Santanu Agarwal's promoter holding25.54
- Sunil Purushottanm Agarwal promoter holding (shares)11,52,73,800
- Shares pledged by Sunil Purushottanm Agarwal on 29.09.202620,00,000
- Sunil Purushottanm Agarwal post-event encumbered shares1,13,56,000
Source: BSE · 13 Oct 2026
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