Precious Tradeways Private Limited has made a regulatory disclosure regarding its substantial acquisition of shares in India Finsec Limited, crossing the critical 5% shareholding threshold that triggers mandatory disclosure requirements under SEBI regulations.

Acquisition Details

The acquisition involved the purchase of 59,090 equity shares through open market transactions on 20th March, 2026. This purchase increased Precious Tradeways' total shareholding in India Finsec Limited from 14,12,971 shares to 14,72,061 shares.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The acquisition resulted in Precious Tradeways' shareholding exceeding the threshold limit of 5% of the total shareholding of India Finsec Limited, making this disclosure mandatory.

Precious Tradeways has confirmed that it does not belong to the promoter or promoter group of India Finsec Limited. The disclosure was signed by Vikram Sharma, Director of Precious Tradeways Private Limited (DIN: 00243482).

Target Company Profile

India Finsec Limited is listed on BSE Limited with scrip code 535667. The company's equity share capital structure remains unchanged following this acquisition:

Transaction Impact

The acquisition represents a strategic investment by Precious Tradeways in India Finsec Limited. The 59,090 shares acquired constitute 0.20% of India Finsec's total voting capital. No encumbrances, voting rights other than equity shares, or convertible securities were involved in this transaction.

The disclosure indicates that Precious Tradeways had no previous holdings in warrants, convertible securities, or any other instruments that would entitle it to receive shares carrying voting rights in India Finsec Limited, either before or after this acquisition.

India Finsec Limited has submitted a revised regulatory disclosure under SEBI Takeover Regulations regarding the release of pledges on equity shares by promoter group members. The revised filing, submitted by Gopal Bansal on behalf of the promoter group to BSE Limited, documents updated encumbrance release activities and compliance with substantial acquisition regulations.

Revised Regulatory Filing Details

The revised disclosure was filed pursuant to Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Gopal Bansal, representing the promoter group as Karta of HUF, submitted the updated documentation to BSE Limited for India Finsec Limited with scrip code 535667.

Updated Pledge Release Activities

The revised regulatory filing reveals specific details about pledge release activities by two promoter group members. Ganga Devi Bansal released pledge on 17,38,000 shares representing 5.95% of total share capital, while Gopal Bansal HUF released pledge on 3,95,000 shares representing 1.35% of total share capital. Both releases were executed on March 13, 2026.

Current Promoter Holdings and Encumbrance Status

The total promoter shareholding in India Finsec Limited amounts to 16,34,20,62 shares, representing 55.98% of the company's total share capital. Following the revised disclosure, the encumbered shares constitute 71.10% of the total promoter shareholding.

Encumbrance Arrangements and Security Details

All pledged shares continue to be held with Motilal Oswal Financial Services Limited specifically for intraday margin requirements. The encumbrance arrangements do not relate to debt instruments such as debentures, commercial paper, or certificates of deposit. The borrowed amounts are utilized exclusively for intraday margin purposes, with the value being zero at the end of trading sessions.

Regulatory Compliance and Threshold Analysis

The revised disclosure indicates that encumbered shares constitute 71.10% of the total promoter shareholding, continuing to exceed regulatory thresholds that trigger enhanced disclosure requirements. This level of encumbrance surpasses both the 50% threshold of promoter shareholding and the 20% threshold of total share capital.

The comprehensive revised filing includes detailed annexures providing specific information about each encumbrance arrangement, with all documentation submitted in accordance with SEBI circular and the prescribed format under Regulation 31 of the SEBI Takeover Regulations.