India Finsec Files Comprehensive SEBI Disclosure on Promoter Share Pledges
India Finsec Limited has submitted a detailed SEBI regulatory filing under Regulation 31 of SAST Regulations, 2011, disclosing comprehensive promoter share pledge details. The filing shows total promoter encumbrance at 84.16% of shareholding, significantly exceeding both 50% of promoter holdings and 20% of total share capital thresholds, with all pledges held by Motilal Oswal Financial Services Limited for intraday margin facilities.

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India Finsec Limited has filed a comprehensive disclosure under SEBI's substantial acquisition regulations detailing the complete status of promoter share pledges. The disclosure, submitted on March 28, 2026, provides detailed information about encumbrances created with Motilal Oswal Financial Services Limited, showing total promoter encumbrance at 84.16% of promoter shareholding.
SEBI Regulatory Compliance Filing
The company has submitted the requisite disclosure pursuant to Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing was made by Gopal Bansal as Karta of Gopal Bansal HUF, representing the promoter group, and addressed to BSE Limited where the company's shares are listed under scrip code 535667.
| Filing Parameter: | Details |
|---|---|
| Date of Reporting: | March 28, 2026 |
| Stock Exchange: | BSE Limited |
| Scrip Code: | 535667 |
| Regulation: | SEBI (SAST) Regulations, 2011 |
| Filing Authority: | Gopal Bansal (Karta of HUF) |
Comprehensive Promoter Holdings Analysis
The disclosure reveals that the promoter group collectively holds 1,63,42,062 shares, representing 55.98% of the total share capital. The encumbered shares constitute 84.16% of promoter shareholding, significantly exceeding both the 50% threshold of promoter shareholding and 20% of total share capital, triggering mandatory disclosure requirements.
| Promoter Name: | Total Holding | % of Capital | Encumbered Shares | % Encumbered |
|---|---|---|---|---|
| Gopal Bansal: | 40,44,141 | 13.85% | 40,15,741 | 13.76% |
| Gopal Bansal LLP: | 45,37,050 | 15.54% | 45,37,050 | 15.54% |
| Daisy Distributors Pvt Ltd: | 10,18,275 | 3.49% | 10,11,012 | 3.46% |
| Manoj Sharma: | 7,60,665 | 2.61% | 7,60,665 | 2.61% |
| Sunita Bansal: | 12,95,530 | 4.44% | 12,95,530 | 4.44% |
| Ganga Devi Bansal: | 21,13,000 | 7.24% | 17,38,000 | 5.95% |
| Gopal Bansal HUF: | 3,95,000 | 1.35% | Nil | Nil |
| Mukesh Sharma: | 12,92,540 | 4.43% | Nil | Nil |
| Arvind Kumar Bansal: | 3,75,000 | 1.28% | Nil | Nil |
| Nidhi Bansal: | 5,10,861 | 1.75% | Nil | Nil |
Encumbrance Structure and Financial Details
All share pledges are held with Motilal Oswal Financial Services Limited for intraday margin facilities. The disclosure indicates that the borrowed amounts are utilized specifically for intraday margin purposes by the broker, with intraday margin values standing at zero at the end of trading sessions. The total value of pledged shares across all promoter entities amounts to significant exposure for margin trading activities.
| Encumbrance Details: | Status |
|---|---|
| Total Promoter Encumbrance: | 84.16% of promoter holdings |
| Exceeds 50% Threshold: | Yes |
| Exceeds 20% of Share Capital: | Yes |
| Common Pledgee: | Motilal Oswal Financial Services Limited |
| Entity Type: | Share Broker (Non-banking) |
| Primary Purpose: | Intraday margin facilities |
| End-of-Day Margin Value: | Zero |
Regulatory Threshold Analysis
The filing confirms that the encumbered shares represent a substantial portion of both promoter shareholding and total share capital, necessitating enhanced disclosure requirements. The company maintains compliance with SEBI regulations through timely and comprehensive reporting of all encumbrance events and their current status.
| Compliance Metric: | Current Status |
|---|---|
| Total Share Capital: | 2,92,05,000 shares |
| Promoter Shareholding: | 55.98% |
| Encumbrance as % of Promoter Holding: | 84.16% |
| Encumbrance as % of Total Capital: | 47.07% |
| Regulatory Compliance: | SEBI (SAST) Regulations, 2011 |
Historical Stock Returns for India Finsec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +1.52% | -0.68% | +6.89% | +26.68% | +2,280.18% |
How might the high promoter pledge ratio of 84.16% impact investor confidence and the company's ability to raise fresh capital in the near term?
What potential risks does India Finsec face if market volatility leads to margin calls on the pledged shares held by Motilal Oswal Financial Services?
Could this substantial encumbrance level trigger any covenant breaches or affect the company's credit ratings with existing lenders?


































