FilingReader Intelligence

India Finsec promoters release pledged shares, boosting market liquidity

November 8, 2025 at 12:29 PM UTCBy FilingReader AI

On November 7, 2025, several promoters of India Finsec Limited announced the release of pledged equity shares. Gopal Bansal HUF released 4,015,741 shares, while Sunita Bansal released 1,295,530 shares. Manoj Sharma also released 760,665 pledged shares, and Ganga Devi Bansal released 1,738,000 shares. Gopal Bansal LLP released 4,537,050 pledged shares, and Daisy Distributors Private Limited released 1,011,012 shares. Motilal Oswal Financial Services Limited was the entity in whose favor most shares were previously encumbered.

This widespread release of encumbered shares has altered the promoter group's overall shareholding profile. Prior to these releases, the total promoter shareholding stood at 16,331,201 shares, representing 55.94% of the total share capital, with 71.15% of the promoter holding being encumbered. The current announcement indicates a significant reduction in the percentage of encumbered shares held by the promoter group.

The encumbrance release, primarily by way of "Release of Pledge" on November 7, 2025, involved shares valued at INR 593,526,519.80 for Gopal Bansal, INR 5,402,153,705 for Gopal Bansal LLP, INR 1,094,645,625 for Daisy Distributors Private Limited, INR 817,714,875 for Manoj Sharma, and INR 19,588,413,600 for Sunita Bansal. All transactions were noted as "Intraday margin at the end-value is zero."

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:IFINSECBombay Stock Exchange

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