India Finsec Promoters Update Share Pledge Disclosure with Motilal Oswal

2 min read     Updated on 06 Mar 2026, 08:36 PM
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Reviewed by
Jubin VScanX News Team
Overview

India Finsec Limited's promoter group has updated their share encumbrance disclosure with BSE, revealing 71.10% of promoter shareholding pledged with Motilal Oswal Financial Services Limited for intraday margin facilities. The arrangement covers multiple promoter entities with substantial security cover values while maintaining zero end-of-day exposure.

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*this image is generated using AI for illustrative purposes only.

India Finsec Limited's promoter group has filed a comprehensive disclosure with BSE Limited under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, regarding share encumbrance arrangements. The latest disclosure, dated March 06, 2026, was submitted by Ganga Devi Bansal on behalf of the promoter group, detailing existing pledge arrangements with Motilal Oswal Financial Services Limited for intraday margin requirements.

Current Promoter Shareholding and Encumbrance Status

The promoter group maintains significant shareholding in the company with substantial encumbrance levels. The total promoter shareholding stands at 16,342,062 shares representing 55.98% of the total share capital, with 71.10% of promoter holdings currently encumbered.

Parameter: Details
Total Promoter Shareholding: 16,342,062 shares (55.98%)
Encumbered Shares Percentage: 71.10% of promoter holding
Beneficiary: Motilal Oswal Financial Services Limited
Purpose: Intraday margin requirements
Disclosure Date: March 06, 2026
Scrip Code: 535667

Detailed Promoter-wise Encumbrance Breakdown

The disclosure reveals comprehensive details of individual promoter pledges across multiple entities within the promoter group. All arrangements are structured as intraday margin facilities with zero end-of-day exposure.

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%
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%
Ganga Devi Bansal: 21,13,000 (7.24%) - -
Gopal Bansal HUF: 3,95,000 (1.35%) - -

Security Cover and Financial Arrangements

The pledge arrangements involve substantial security cover values across different promoter entities. Each encumbrance is specifically designed for intraday margin availability with comprehensive risk management protocols.

Encumbrance Details: Security Cover Value
Gopal Bansal Pledge: ₹59,35,26,519.80
Gopal Bansal LLP Pledge: ₹56,15,41,737.00
Daisy Distributors Pledge: ₹10,94,64,562.50
Manoj Sharma Pledge: ₹8,17,71,487.50
Sunita Bansal Pledge: Not specified
End-of-Day Value: Zero (intraday facility)

Regulatory Compliance Framework

The updated encumbrance disclosure demonstrates compliance with critical regulatory thresholds under SEBI regulations. The arrangement structure ensures transparency while providing necessary liquidity facilities to the promoter group.

Key Compliance Metrics:

  • Encumbrance exceeds 50% of promoter shareholding: Yes (71.10%)
  • Encumbrance exceeds 20% of total share capital: Yes
  • Entity classification: Motilal Oswal Financial Services Limited (Registered Share Broker)
  • Arrangement type: Intraday margin facility with zero end-of-day exposure
  • Business nature: Share brokerage services

The comprehensive disclosure ensures full regulatory compliance and transparency regarding promoter share encumbrances, with all arrangements structured to provide intraday liquidity while maintaining adherence to Indian securities regulations. The filing includes detailed annexures providing complete information about each encumbrance arrangement and associated security cover values.

Historical Stock Returns for India Finsec

1 Day5 Days1 Month6 Months1 Year5 Years
+3.92%+0.19%+5.37%+2.77%+6.85%+2,364.72%

India Finsec Limited: Promoters Release Pledges on Equity Shares

2 min read     Updated on 06 Mar 2026, 06:53 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
+3.92%+0.19%+5.37%+2.77%+6.85%+2,364.72%

More News on India Finsec

1 Year Returns:+6.85%