India Finsec promoters pledge, release shares for intraday margins

On November 7, 2025, Gopal Bansal HUF and Ganga Devi Bansal, promoters of India Finsec Limited, disclosed a series of share pledge activities. Gopal Bansal HUF reported the creation of a pledge for 395,000 equity shares, representing 1.35% of the total share capital, to Motilal Oswal Financial Services Ltd. to secure intraday margin. Simultaneously, Ganga Devi Bansal pledged 17,380,000 shares, or 5.95% of the total share capital, also to Motilal Oswal Financial Services Ltd. for the same purpose.

The combined promoter shareholding in India Finsec stands at 16,331,201 shares, representing 55.94% of the total share capital. The encumbered shares represented 84.21% of the promoter shareholding and exceeded 20% of the total share capital.

Notably, on the same day, both Gopal Bansal HUF and Ganga Devi Bansal also announced the release of these pledges. This indicates the transactions were short-term in nature, likely for securing intraday trading positions. The releases show the pledged shares are no longer encumbered.