India Finsec Limited's promoters released pledged equity shares worth ₹8.17 crores on February 13, 2026, involving 24,88,000 shares from Ganga Devi and Gopal Bansal HUF. The shares were previously pledged with Motilal Oswal Financial Services Limited for intraday margin purposes. Post-release, total promoter shareholding remains at 55.98% of share capital, with 71.10% of promoter holdings still encumbered, exceeding regulatory thresholds for disclosure requirements.
India Finsec Limited Promoters Release Share Pledge Worth ₹8.17 Crores
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 3,75,000 1.28% Gopal Bansal HUF 21,13,000 7.24% Total Released 24,88,000 8.52%
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%
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.
Regulatory Compliance
The disclosure was made pursuant to Regulation 31(1) and 31(2) of SEBI regulations, with Gopal Bansal, acting as Karta of Gopal Bansal HUF, signing the requisite documents. The company has maintained transparency by providing detailed annexures showing the complete promoter structure and encumbrance details.
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.
India Finsec Limited has disclosed the creation of pledge of equity shares by its promoters in compliance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure, submitted to BSE Limited on February 07, 2026, provides comprehensive details about the pledging arrangements made by the promoter group.
Promoter Group and Shareholding Structure
The disclosure covers seven promoter entities, including individual promoters and corporate entities. The promoter group consists of Mr. Gopal Bansal, Mr. Manoj Sharma, Gopal Bansal LLP, Daisy Distributors Private Limited, Mrs. Sunita Bansal, Mrs. Ganga Devi Bansal, and Gopal Bansal HUF.
Promoter Name Total Holding (Shares) % 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 Daisy Distributors Private Limited 10,18,275 3.49 10,11,012 3.46 Manoj Sharma 7,60,665 2.61 7,60,665 2.61 Sunita Bansal 12,95,530 4.44 12,95,530 4.44
Recent Pledging Activity
Two promoter entities created fresh pledges on February 03, 2026. Mrs. Ganga Devi Bansal pledged 17,38,000 shares representing 5.95% of total share capital, while Gopal Bansal HUF pledged 3,95,000 shares representing 1.35% of total share capital. Both pledges were created with Motilal Oswal Financial Services Limited against availability of intraday margin by the broker.
Overall Encumbrance Position
The total promoter shareholding in the company stands at 16,331,201 shares, representing 55.94% of total share capital. The encumbered shares constitute 84.21% of promoter shareholding, indicating substantial pledging by the promoter group. All pledges have been created with Motilal Oswal Financial Services Limited, which operates as a share broker.
Regulatory Compliance Details
Parameter Details Reporting Date February 07, 2026 Stock Exchange BSE Limited Scrip Code 535667 Encumbrance Type Pledge Purpose Intraday margin requirements Entity Favored Motilal Oswal Financial Services Limited
The disclosure indicates that the encumbered shares represent more than 50% of promoter shareholding and more than 20% of total share capital, triggering mandatory disclosure requirements under SEBI regulations. The pledging arrangements are specifically for intraday margin purposes, with the broker being Motilal Oswal Financial Services Limited.
Filing Authority
The disclosure has been filed by Gopal Bansal HUF through its Karta, Gopal Bansal, from Delhi. The company maintains its registered office at D-16, 1st Floor, Above ICICI Bank, Prashant Vihar, Sector-14, Rohini, New Delhi-110085.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.