India Finsec Limited: Promoters Release Pledges on Equity Shares
India Finsec Limited received regulatory disclosures on 6th March, 2026 regarding the release of pledges on equity shares by two promoter entities - Ganga Devi Bansal and Gopal Bansal HUF - with Motilal Oswal Financial Services Limited. The total promoter shareholding remains at 16,342,062 shares representing 55.98% of share capital, with encumbered shares constituting 71.10% of promoter holdings.

*this image is generated using AI for illustrative purposes only.
India Finsec Limited has received disclosures regarding the release of pledges on equity shares by promoter group members, as reported to BSE Limited on 6th March, 2026. The disclosures were made pursuant to Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Pledge Release Details
Two promoter entities have released pledges on their equity shares with Motilal Oswal Financial Services Limited. The pledge releases were executed on 6th March, 2026, with the shares previously encumbered for intraday margin requirements.
| Parameter: | Ganga Devi Bansal | Gopal Bansal HUF |
|---|---|---|
| Shares Previously Encumbered: | 21,13,000 | 3,95,000 |
| Shares Released: | 3,75,000 | 3,95,000 |
| Current Encumbered Shares: | 17,38,000 | 0 |
| Current Encumbered %: | 5.95% | 0% |
| Entity Holding Pledge: | Motilal Oswal Financial Services Limited | Motilal Oswal Financial Services Limited |
| Release Date: | 6th March, 2026 | 6th March, 2026 |
Updated Promoter Holdings Overview
Following the pledge releases, the comprehensive disclosure reveals the current shareholding pattern of all promoter group members in India Finsec Limited. The total promoter shareholding remains at 16,342,062 shares, representing 55.98% of the company's total share capital.
| Promoter Name: | Total Holding | % of Share 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% |
| Sunita Bansal: | 12,95,530 | 4.44% | 12,95,530 | 4.44% |
| Manoj Sharma: | 7,60,665 | 2.61% | 7,60,665 | 2.61% |
| Ganga Devi Bansal: | 21,13,000 | 7.24% | 17,38,000 | 5.95% |
| Daisy Distributors Private Limited: | 10,18,275 | 3.49% | 10,11,012 | 3.46% |
| Mukesh Sharma: | 12,92,540 | 4.43% | 0 | 0% |
| Gopal Bansal HUF: | 3,95,000 | 1.35% | 0 | 0% |
| Arvind Kumar Bansal: | 3,75,000 | 1.28% | 0 | 0% |
| Nidhi Bansal: | 5,10,861 | 1.75% | 0 | 0% |
Revised Encumbrance Metrics
Following the pledge releases by both Ganga Devi Bansal and Gopal Bansal HUF, the total encumbered shares now constitute 71.10% of the total promoter shareholding. The encumbered shares continue to represent more than 20% of the company's total share capital, with all existing encumbrances in the form of pledges with Motilal Oswal Financial Services Limited.
| Encumbrance Metrics: | Details |
|---|---|
| Total Promoter Shareholding: | 16,342,062 shares (55.98%) |
| Encumbered as % of Promoter Holding: | 71.10% |
| Encumbered Shares > 50% of Promoter Holding: | Yes |
| Encumbered Shares > 20% of Total Share Capital: | Yes |
Regulatory Compliance
The disclosures were filed by the promoter group members in compliance with SEBI regulations regarding substantial acquisition and encumbrance of shares. All remaining encumbrances are primarily for intraday margin requirements with the share broker and do not involve any debt instruments such as debentures, commercial papers, or certificates of deposit. The company's shares are listed on BSE Limited, and all regulatory requirements for transparency in promoter shareholding changes have been fulfilled through these comprehensive disclosures.
Historical Stock Returns for India Finsec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.92% | +0.19% | +5.37% | +2.77% | +6.85% | +2,364.72% |

































