India Finsec Promoters Submit SEBI Disclosure for Share Pledge with Motilal Oswal

2 min read     Updated on 28 Feb 2026, 05:59 PM
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Reviewed by
Jubin VScanX News Team
Overview

India Finsec Limited's promoter group has filed a comprehensive SEBI disclosure regarding share pledge arrangements with Motilal Oswal Financial Services Limited. The encumbrance covers 81.74% of promoter shareholding, representing 55.98% of total share capital, with security cover values exceeding ₹186 crores across all arrangements structured for intraday margin requirements.

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India Finsec Limited's promoter group has submitted a comprehensive disclosure to BSE Limited under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, regarding the creation of pledge on equity shares. The disclosure, dated February 27, 2026, was filed by promoter group member Ganga Devi Bansal, detailing extensive share encumbrance arrangements with Motilal Oswal Financial Services Limited.

Promoter Shareholding and Encumbrance Overview

The promoter group maintains substantial control in the company with their combined shareholding representing 55.98% of the total share capital. The encumbrance significantly affects this holding, with 81.74% of promoter shares now pledged for intraday margin requirements.

Parameter: Details
Total Promoter Shareholding: 16,342,062 shares (55.98%)
Encumbered Shares Percentage: 81.74% of promoter holding
Beneficiary: Motilal Oswal Financial Services Limited
Purpose: Intraday margin requirements
Latest Pledge Date: February 24, 2026
Scrip Code: 535667

Individual Promoter Pledge Breakdown

The pledge arrangement encompasses multiple promoter entities with varying levels of encumbrance. The most recent pledge creation involved Ganga Devi Bansal's shares, with all arrangements structured for intraday margin facilities.

Promoter Name: Total Holding Pledged Shares Pledge %
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%
Ganga Devi Bansal: 21,13,000 (7.24%) 17,38,000 5.95%
Sunita Bansal: 12,95,530 (4.44%) 12,95,530 4.44%
Manoj Sharma: 7,60,665 (2.61%) 7,60,665 2.61%
Daisy Distributors Pvt Ltd: 10,18,275 (3.49%) 10,11,012 3.46%

Security Cover and Financial Arrangements

The pledge arrangements carry substantial security cover values across all encumbrances, with the total value exceeding significant thresholds. Each encumbrance is specifically structured for intraday margin requirements, ensuring zero end-of-day exposure.

Encumbrance Details: Value (₹)
Gopal Bansal Security Cover: 59,35,26,519.80
Gopal Bansal LLP Security Cover: 56,15,41,737.00
Ganga Devi Bansal Security Cover: 32,72,65,400.00
Sunita Bansal Security Cover: 19,58,84,136.00
Daisy Distributors Security Cover: 10,94,64,562.50
Manoj Sharma Security Cover: 8,17,71,487.50

Regulatory Compliance and Thresholds

The disclosure fulfills mandatory requirements under SEBI regulations, with the encumbrance exceeding critical regulatory thresholds. The pledge arrangement meets both the 50% promoter shareholding threshold and 20% total share capital threshold, necessitating comprehensive regulatory disclosure.

Key Compliance Metrics:

  • Encumbrance exceeds 50% of promoter shareholding: Yes
  • Encumbrance exceeds 20% of total share capital: Yes
  • Entity type: Motilal Oswal Financial Services Limited (Registered Stock Broker)
  • Arrangement structure: Intraday margin facility with zero end-of-day value

The comprehensive disclosure ensures full transparency regarding promoter share encumbrances, with all arrangements structured to provide intraday liquidity while maintaining regulatory compliance under Indian securities regulations.

Historical Stock Returns for India Finsec

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+7.31%-0.54%+21.75%+26.02%+2,410.18%

India Finsec Limited Promoters Release Additional Share Pledge Worth ₹3.95 Crores

2 min read     Updated on 16 Feb 2026, 09:13 AM
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Reviewed by
Ashish TScanX News Team
Overview

India Finsec Limited announced another pledge release by promoter Gopal Bansal HUF involving 3,95,000 shares worth ₹3.95 crores on February 20, 2026. This follows multiple pledge releases in February 2026, with total promoter shareholding maintained at 55.98% while encumbered shares now represent 71.10% of promoter holdings.

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India Finsec Limited has announced another release of pledged equity shares by its promoters on February 20, 2026, following previous releases in February 2026. The latest disclosure was submitted to BSE Limited in compliance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Latest Share Pledge Release Details

The recent release involved equity shares from promoter Gopal Bansal HUF that were previously pledged with Motilal Oswal Financial Services Limited for intraday margin purposes. The shares were un-pledged following the availability of intraday margin by the broker.

Release Details: Information
Promoter Name: Gopal Bansal HUF
Shares Released: 3,95,000
Percentage Released: 1.35% of total share capital
Date of Release: February 20, 2026
Reason: Availability of intraday margin by broker

Updated Promoter Holdings Structure

Following the pledge releases, the promoter group maintains significant shareholding in the company. The total promoter shareholding stands at 16,342,062 shares, representing 55.98% of the company's total share capital.

Promoter Name: Total Holding Percentage 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%
Daisy Distributors Private Limited: 10,18,275 3.49% 10,11,012 3.46%
Ganga Devi Bansal: 21,13,000 7.24% Nil Nil
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

Cumulative Pledge Releases in February 2026

The company has witnessed multiple pledge release events in February 2026, demonstrating improved liquidity management by promoters.

Release Summary: February 13, 2026 February 20, 2026 (Ganga Devi) February 20, 2026 (HUF)
Ganga Devi Bansal: - 3,75,000 shares (1.28%) -
Gopal Bansal HUF: - - 3,95,000 shares (1.35%)
Total Released: 25,08,000 shares (8.59%) 3,75,000 shares (1.28%) 3,95,000 shares (1.35%)

Current Encumbrance Status

Despite the recent releases, a substantial portion of promoter holdings remains encumbered. The latest filing shows encumbered shares represent 71.10% of total promoter shareholding.

Encumbrance Metrics: Details
Total Promoter Shareholding: 16,342,062 shares (55.98%)
Encumbered as % of Promoter Holding: 71.10%
Above 50% Promoter Threshold: Yes
Above 20% Total Share Capital: Yes
Entity Holding Pledge: Motilal Oswal Financial Services Limited

All remaining pledged shares continue to be held with Motilal Oswal Financial Services Limited, a share broker, primarily for intraday margin purposes. The regulatory filing confirms that no scheduled commercial banks, public financial institutions, NBFCs, or housing finance companies are involved in the current encumbrance arrangements.

Historical Stock Returns for India Finsec

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+7.31%-0.54%+21.75%+26.02%+2,410.18%

More News on India Finsec

1 Year Returns:+26.02%