India Finsec Promoters Submit SEBI Disclosure for Share Pledge with Motilal Oswal
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +7.31% | -0.54% | +21.75% | +26.02% | +2,410.18% |

































