Promoter and PACs disclose release of pledge on shares held with Punjab National Bank
Promoter Mohit Rathi and PACs have disclosed the release of pledge (encumbrance) on their equity shares.
- Release date(s)
- 06.10.2026 and 08.10.2026; reported on 08.10.2026
- Chin Corp Holding PTE Limited released
- 41,85,205 shares (2.86%)
- Post-release encumbrance
- NIL encumbered shares for each of the four entities
Pledge released on promoter shares
The update is a disclosure by promoter Mohit Rathi and persons acting in concert (PACs) under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It reports the release of pledge (encumbrance) on equity shares of the company, with Punjab National Bank named as the entity in whose favour the shares were encumbered. The stated reason for the encumbrance was working capital. The reporting date is 08.10.2026.
What was released
- Balakrishna Tati: 49,10,548 shares, 3.35% of total share capital, released on 06.10.2026
- Vishal Jethalia: 11,80,067 shares, 0.81% of total share capital, released on 06.10.2026
- Mohit Rathi: 28,22,564 shares, 1.93% of total share capital, released on 06.10.2026
- Chin Corp Holding PTE Limited: 41,85,205 shares, 2.86% of total share capital, released on 08.10.2026
For each of these four, the post-event holding of encumbered shares is shown as NIL.
Holding details shown in the same table
- Balakrishna Tati: 1,97,69,586 shares, 13.50% of total share capital and 13.40% of diluted share capital
- Vishal Jethalia: 33,09,556 shares, 2.26% and 2.24%
- Mohit Rathi: 30,93,101 shares, 2.11% and 2.10%
- Chin Corp Holding PTE Limited: 1,93,47,055 shares, 13.28% and 13.11%
The table also lists other promoter/PAC entities with no encumbrance reported: Padma Tati (18,17,646 shares, 1.24%), Sruti Tati (7,34,241 shares, 0.50%), Sai Teja Tati (24,27,025 shares, 1.66%), Venkateshwarlu Tati (85,607 shares, 0.06%), Tati Thulasi Dalaxi (84,000 shares, 0.06%) and Valbe Foods (India) Limited (6,11,711 shares, 0.42%).
What a pledge and a release mean
A pledge means shares are kept with a lender as security, usually against a loan. While pledged, those shares are treated as encumbered. A release means the lender's claim over those specific shares has been given up, so they are no longer shown as encumbered in this disclosure.
How to read it
The disclosure records a reduction in the number of promoter and PAC shares shown as encumbered, and names the four entities involved. The event type shown for each is release, the encumbrance type is pledge, and the reason stated is working capital. The shares in question were encumbered in favour of Punjab National Bank. Each of the four entities shows NIL encumbered shares after the event.
Also from Vintage Coffee And Beverages
Chin Corp Holding PTE and PACs report release of pledge on shares; encumbered holding NIL
9 Oct 2026
Promoters disclose release of pledge on shares held with Punjab National Bank
9 Oct 2026
Promoter group discloses release of encumbrance on equity shares under SAST Regulations
9 Oct 2026
More numbers
- Balakrishna Tati shares released from pledge49,10,548
- Balakrishna Tati released shares as % of total share capital3.35
- Vishal Jethalia shares released from pledge11,80,067
- Vishal Jethalia released shares as % of total share capital0.81
- Mohit Rathi shares released from pledge28,22,564
- Mohit Rathi released shares as % of total share capital1.93
- Chin Corp Holding PTE Limited shares released from pledge41,85,205
- Chin Corp Holding PTE Limited released shares as % of total share capital2.86
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