India Finsec promoters pledge majority of their stake
On September 25, 2025, India Finsec Limited announced that its promoters, including Gopal Bansal, Manoj Sharma, and Fidelo Foods LLP, have encumbered a significant percentage of their shares. The total promoter shareholding stands at 16,331,201 shares, representing 55.94% of the total share capital, with 84.21% of this now encumbered.
The encumbered shares, amounting to 84.21% of the promoter stake, also constitute over 20% of the total share capital of India Finsec. The nature of the encumbrance across various promoters is consistently reported as a pledge.
Notably, Gopal Bansal HUF's shares were pledged on September 23, 2025, for "Against availability of intra-day margin by broker" with Motilal Oswal Financial Services Ltd. Other entities like Fidelo Foods LLP and Daisy Distributors Private Limited also have significant portions of their shares pledged.
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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