F Mec International Financial Services has reported a significant development in its promoter shareholding structure. Pankaj Kumar, a member of the company's promoter group, has pledged an additional 44,375 shares, representing 0.49% of the total share capital, to Grow Money Capital Private Limited, a Non-Banking Financial Company (NBFC).

Details of the Pledge

According to the disclosure made to the BSE Limited, the pledge was created on September 16, 2025, for personal borrowing purposes. This recent pledge follows an earlier encumbrance of 235,625 shares (2.65% of total share capital) to the same NBFC, which was created on September 2, 2025.

Promoter's Shareholding Status

Pankaj Kumar's total shareholding in F Mec International Financial Services stands at 651,708 shares, which accounts for 7.33% of the company's total share capital. With this additional pledge, Kumar's total encumbered shares have now reached 280,000, representing 3.14% of the company's total share capital.

Regulatory Compliance

The company has made these disclosures in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It's worth noting that the encumbered shares represent less than 50% of Kumar's promoter shareholding and less than 20% of the company's total share capital, which are important thresholds in regulatory reporting.

Other Promoter Holdings

The LODR data also provides insights into other promoter holdings:

This pledge by Pankaj Kumar is part of the ongoing financial activities within the promoter group of F Mec International Financial Services. Investors and market watchers may want to keep an eye on any further developments in the company's shareholding pattern.

F Mec International Financial Services Ltd , a company listed on the BSE, has reported a significant development involving one of its promoter group members. Pankaj Kumar, a key stakeholder in the company, has pledged a portion of his shareholding, as disclosed in a recent regulatory filing.

Pledge Details

According to the disclosure made under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Pankaj Kumar has created a pledge on 44,375 shares of F Mec International Financial Services Ltd. The pledge was made in favor of Grow Money Capital Private Limited, an NBFC (Non-Banking Financial Company).

Key Points of the Transaction

Promoter's Shareholding

Pankaj Kumar, as a member of the promoter group, holds a significant stake in F Mec International Financial Services Ltd:

Purpose and Implications

The disclosure states that the borrowed amount will be utilized for personal use by the promoter. It's important to note that:

1. The encumbered shares constitute less than 50% of the promoter's shareholding.
2. The pledged shares represent less than 20% of the company's total share capital.

These points suggest that the pledge does not trigger any major regulatory thresholds that would require additional disclosures or actions.

Regulatory Compliance

The company has duly informed the BSE Limited about this transaction, adhering to the transparency norms set by the Securities and Exchange Board of India (SEBI). The disclosure was made to ensure that all stakeholders are informed about changes in the promoter's shareholding pattern, particularly when it involves share pledges.

This development provides insight into the financial activities of one of F Mec International's key promoters. While the pledge represents a small fraction of the company's total shares, it reflects the ongoing dynamics of promoter shareholdings in the Indian corporate landscape.