Gradiente Infotainment Limited disclosed that promoter Vimal Raj Mathur has pledged 1,00,00,000 shares, representing 3.008% of the company's total share capital, to secure personal borrowings. The encumbrance was created on June 30, 2026, in favor of Orbit Global Softsol Private Limited, an entity operating in the IT industry. The disclosure was made in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The pledged shares account for 31.30% of Vimal Raj Mathur's total holding in the company. Prior to this transaction, the promoter held 3,19,45,298 shares, constituting 9.61% of the total share capital, with no existing encumbrances. Following the creation of the pledge, the encumbered shares represent 3.008% of the company's total share capital, which exceeds the 20% threshold requiring disclosure.

Details of the Encumbrance

The filing outlines the financial specifics of the transaction, indicating that the value of the shares on the date of the pledge creation was ₹2,76,00,000. The amount involved against which the shares have been encumbered is ₹1,00,00,000, resulting in a security cover ratio of 2.76:1. The funds raised through this pledge are designated for personal use by the promoters.

The company confirmed that the entity in whose favor the shares are encumbered is not a scheduled commercial bank, public financial institution, NBFC, or housing finance company, but operates within the IT sector. The disclosure was submitted to the National Stock Exchange of India Limited and The Calcutta Stock Exchange Limited on July 6, 2026.

Gradiente Infotainment Limited has entered into a Memorandum of Understanding with Sravya Films to associate itself as the presenter of the feature film titled 'LGBT – A Legal Battle'. The agreement, executed on July 02, 2026, marks a strategic initiative by the company to strengthen its presence in the media and entertainment sector through quality cinematic content. The company anticipates that this association will enhance its brand visibility and support long-term business objectives by creating additional opportunities in the content ecosystem.

Under the commercial arrangement, Gradiente Infotainment Limited will be recognized as the Presenter of the film and will receive branding and promotional rights. The company is entitled to retain 40% of the net profits generated from this project. The disclosure confirms that the transaction is not a related party transaction, and none of the promoters, promoter group, or group companies hold any interest in the counterparty, Sravya Films.

The company stated that while the collaboration is expected to create strong opportunities for multiple collaborations and business synergies, any material financial impact will be disclosed as and when it becomes ascertainable. The intimation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Agreement