India Finsec Limited Promoters Release Share Pledge Worth ₹8.17 Crores
India Finsec Limited announced the release of pledged equity shares by promoters Ganga Devi Bansal and Gopal Bansal HUF totaling 25,08,000 shares worth ₹8.17 crores. The release was made under SEBI Takeover Regulations compliance, with total promoter shareholding maintained at 55.98% while 71.10% of promoter shares remain encumbered with Motilal Oswal Financial Services Limited.
*this image is generated using AI for illustrative purposes only.
India Finsec Limited has announced the release of pledged equity shares by its promoters on February 13, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was submitted to BSE Limited, where the company's shares are listed under scrip code 535667.
Share Pledge Release Details
The release involved equity shares from two promoter entities 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.
| Promoter Entity: | Shares Released | Percentage of Total Share Capital |
|---|---|---|
| Ganga Devi Bansal: | 21,13,000 | 7.24% |
| Gopal Bansal HUF: | 3,95,000 | 1.35% |
| Total Released: | 25,08,000 | 8.59% |
Current Promoter Holdings Structure
Following the pledge release, the promoter group maintains significant shareholding in the company across multiple entities. 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: | 12,95,330 | 4.44% | 12,95,330 | 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% |
| 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 |
Regulatory Compliance and Documentation
The disclosure was made pursuant to Regulation 31(1) and 31(2) of SEBI regulations, with Ganga Devi Bansal signing the formal communication. The documentation was addressed to BSE Limited's Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.
| Filing Details: | Information |
|---|---|
| Date of Reporting: | February 13, 2026 |
| Reason for Release: | Availability of intraday margin by broker |
| Type of Event: | Release of Pledge (Un-Pledge) |
| Entity Holding Pledge: | Motilal Oswal Financial Services Limited |
Encumbrance Status
Despite the recent release, a substantial portion of promoter holdings remains encumbered. The encumbered shares represent 71.10% of total promoter shareholding, which exceeds both the 50% threshold of promoter shareholding and 20% of total share capital thresholds as specified in regulatory guidelines.
| 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 |
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. The company maintains its registered office at D-16, 1st Floor, Above ICICI Bank, Prashant Vihar, Sector-14, Rohini, New Delhi-110085.
Historical Stock Returns for India Finsec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -9.09% | +0.85% | -8.51% | +8.86% | +8.35% | +2,233.79% |
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