India Finsec promoters adjust pledged shareholdings

On December 15, 2025, India Finsec Limited announced a disclosure under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, detailing the creation and release of pledges on equity shares by its promoter group. The aggregate promoter shareholding in the listed company stands at 16,331,201 shares, representing 55.94% of the total share capital.

The filings indicate an adjustment in encumbered shares. Ganga Devi Bansal, a key promoter, disclosed the creation of a pledge on 760,665 shares, representing 2.61% of total share capital, against an intraday margin of INR 1,738,000 provided by Motilal Oswal Financial Services Ltd. Simultaneously, an identical pledge of 760,665 shares was released on the same date.

Overall, 81.79% of the promoter shareholding is encumbered, accounting for over 50% of the promoter's holding and more than 20% of the company's total share capital. These pledges are primarily against intraday margin facilities, with Motilal Oswal Financial Services Ltd. being the main entity in whose favor shares are encumbered.