India Finsec promoters release pledged shares, altering holdings' status

On September 27, 2025, India Finsec Limited announced the release of pledged equity shares by its promoter group, including Gopal Bansal, Sunita Bansal, Manoj Sharma, Fidelo Foods LLP, and Daisy Distributors Private Limited. This disclosure, made under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, indicates a change in the encumbrance status of their holdings.

The release of pledges involved shares held by Ganga Devi Bansal (1,738,000 shares, representing 5.95% of total share capital) and Gopal Bansal HUF (395,000 shares, 1.35%). Specifically, 4,015,741 shares (13.76%) held by Gopal Bansal and 1,295,530 shares (4.44%) by Sunita Bansal are reported as post-event encumbered holdings. These releases were facilitated against the availability of intra-day margin by Motilal Oswal Financial Services Limited, which acted as a share broker.

Prior to these releases, the total promoter shareholding stood at 16,331,201 shares, accounting for 55.94% of the total share capital, with 71.15% of the promoter shareholding and 20% or more of the total share capital being encumbered.