India Finsec promoters pledge 84% of their stake

On September 25, 2025, India Finsec Limited announced that its promoters have encumbered a significant number of shares. The disclosure, made under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, reveals that 84.21% of the total promoter shareholding, amounting to 16,331,201 shares, is currently encumbered. This represents 55.94% of the company's total share capital.

The encumbrance involves several key promoters, including Mr. Gopal Bansal, Fidelo Foods LLP, Daisy Distributors Private Limited, Mr. Manoj Sharma, Ms. Sunita Bansal, Mrs. Ganga Devi Bansal, and Gopal Bansal HUF. The shares were pledged for reasons such as against the availability of intraday margin by broker.

The total value of shares involved on the date of agreement is 5,935,265,19.80, with individual pledges ranging from 3,950,000 shares by Gopal Bansal HUF to 4,537,050 shares by Fidelo Foods LLP. The encumbrance is categorized as a pledge, with Motilal Oswal Financial Services Limited acting as the share broker.