Promoters disclose release of pledge on shares held with Punjab National Bank
Promoters of the company have disclosed the release of pledge on their shares held with Punjab National Bank.
- Shares released - Balakrishna Tati
- 49,10,548 shares (3.35%)
- Shares released - Chin Corp Holding PTE Limited
- 41,85,205 shares (2.86%)
- Encumbered holding after release
- NIL
What the update is about
The promoter group of Vintage Coffee and Beverages Limited has disclosed the release of encumbrance on a block of shares. The shares were pledged in favour of Punjab National Bank against working capital facilities. After this release, the encumbered holding of each of the four promoters named in the event is shown as NIL.
Promoter-wise release of pledge
- Balakrishna Tati: 49,10,548 shares released, being 3.35% of total share capital, dated 06.10.2026
- Vishal Jethalia: 11,80,067 shares released, being 0.81% of total share capital, dated 06.10.2026
- Mohit Rathi: 28,22,564 shares released, being 1.93% of total share capital, dated 06.10.2026
- Chin Corp Holding PTE Limited: 41,85,205 shares released, being 2.86% of total share capital, dated 08.10.2026
How to read this
Encumbrance is a broad term for a restriction on shares. Here the specific type stated in the update is a pledge, created for working capital reasons in favour of Punjab National Bank. A pledge means shares are held by the lender as security. When the pledge is released, that security is removed and the shares are no longer held against the loan. This is a change in the status of the shares, not a sale of shares by the promoters.
Holdings in the table
The update also lists promoter holdings. Balakrishna Tati holds 1,97,69,586 shares (13.50%), Vishal Jethalia 33,09,556 shares (2.26%), Mohit Rathi 30,93,101 shares (2.11%) and Chin Corp Holding PTE Limited 1,93,47,055 shares (13.28%). Other promoter names in the table, including Padma Tati, Sruti Tati, Sai Teja Tati, Venkateshwarlu Tati, Tati Thulasi Dalaxi and Valbe Foods (India) Limited, are shown with NIL shares under the encumbered column.
What to note
Promoter encumbrance is tracked by investors because a large pledged holding is a restriction on those shares. A release reduces that restriction. The update does not state any reason beyond 'Working Capital' for the original pledge, and no new creation of encumbrance is reported in this disclosure.
Also from Vintage Coffee And Beverages
Promoter and PACs disclose release of pledge on shares held with Punjab National Bank
9 Oct 2026
Chin Corp Holding PTE and PACs report release of pledge on shares; encumbered holding NIL
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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