Promoter group releases encumbrance on 9,51,72,110 shares, 21.92% of capital
Revised disclosure under Reg 31(1) & (2) of SEBI (SAST) Regulations, 2011.
By ScoutQuest · · 2 min read
- Shares released from encumbrance
- 9,51,72,110 shares, equal to 21.92% of total share capital
- Encumbered promoter shares after release
- 2,01,75,000 (4.65%), down from 11,53,47,110 (26.57%)
- Date of release
- 10th September 2026
Revised encumbrance disclosure
The promoter group of Websol Energy System Ltd has reported the release of encumbrance on shares, in a revised disclosure under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The covering letter states that the revision is limited to inserting the reason for the encumbrance in the enclosed disclosure.
Who is covered
The disclosure is signed by Mr Sohan Lal Agarwal on behalf of himself, the promoter group and persons acting in concert. Three holdings are reported: Mr Sohan Lal Agarwal (Promoter), SL Industries Pvt Ltd and Websol Green Projects Pvt Ltd (Promoter Group).
What the event is
- The type of event stated against each of the three holdings is Release.
- The date recorded for the release is 10th September 2026.
- The total number of shares released is 9,51,72,110, which is 21.92% of the total share capital.
- For Mr Sohan Lal Agarwal, the entity in whose favour the shares were encumbered is Indian Renewable Energy Development Agency Limited, and the reason stated for the encumbrance is loan.
Encumbered shares before and after
- Encumbered promoter holding before the event: 11,53,47,110 shares, or 26.57% of the total share capital.
- Encumbered promoter holding after the event: 2,01,75,000 shares, or 4.65% of the total share capital.
- Total promoter holding as stated in the disclosure: 12,90,37,310 shares, or 29.32% of the total share capital.
What a release of encumbrance means
Encumbrance is a broad label for a restriction placed on shares. It can take the form of a pledge, a lien, a non-disposal undertaking or a similar arrangement. A release means the restriction recorded earlier has been lifted, so those shares are no longer shown as encumbered in this disclosure.
What it does not mean
- It does not mean the promoter has sold the shares; the disclosure deals with the encumbered portion of the promoter holding.
- The percentages shown are a share of the company's total share capital, not a share of the promoter's own holding.
How investors may read it
The encumbered portion of the promoter holding moves from 26.57% to 4.65% of the total share capital. Set against the promoter holding of 29.32%, this shows how much of the promoter stake is now shown as carrying an encumbrance and how much is shown without one. The change is in the status of the shares recorded in the disclosure.
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More numbers
- Total promoter holding12,90,37,310
- Total promoter holding as % of total share capital29.32%
- Encumbered promoter holding before the event11,53,47,110
- Encumbered promoter holding before the event as % of total share capital26.57%
- Total shares released from encumbrance9,51,72,110
- Total shares released from encumbrance as % of total share capital21.92%
- Encumbered promoter holding after the event2,01,75,000
- Encumbered promoter holding after the event as % of total share capital4.65%
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