IRB Infra promoter creates pledge on 650,000 shares
IRB Infrastructure Developers announced that promoter Sudha Dattatray Mhaiskar created a pledge on 650,000 shares, representing 0.01% of the total share capital, on February 25, 2025. The pledge is in favor of Kotak Securities Limited for personal borrowing reasons. Following this encumbrance, Mhaiskar's total encumbered shares stand at 3,420,000, equivalent to 0.057% of the company's total share capital. Mhaiskar's shareholding in the company is 1,83,70,55,980 shares, totaling 30.42% of share capital, making 55.53% of the promoters shares encumbered. The shares are valued at 30,030,000 INR used against a loan of 100,000,000 INR. This disclosure is made in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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