Key Quantitative Figures
- Total Promoter Holding (Pre-event): 23.66% (85,868,620 shares) by Rajan Handa
- Total Encumbered Holding (Pre-event): 21.20% (76,940,000 shares)
- New Pledge Creation: 15,000,000 shares across three promoters
- Anandana Handa: 5,000,000 shares (1.38% of total capital)
- Rishab Handa: 5,000,000 shares (1.38% of total capital)
- Raghav Handa: 5,000,000 shares (1.38% of total capital)
- Post-Event Encumbered Holding: 21.20% of total share capital (unchanged percentage due to table formatting)
Dates of Action
- Date of Pledge Creation: 11 September, 2026
- Date of Reporting to Exchange: 16 September, 2026
- Date of Company Disclosure: 17 September, 2026
Parties Involved
- Reporting Promoters: Rishab Handa (primary), Rajan Handa, Anandana Handa, Raghav Handa, Sangeeta Chopra
- Beneficiary Entity: Krchoksey Financial Services Pvt. Ltd.
- Stock Exchange: Bombay Stock Exchange (BSE)
Purpose/Rationale
The encumbrance was created as "Collateral for loans taken by the company" according to the disclosure format.
Additional Shareholding Details
The disclosure includes complete promoter shareholding as of the reporting date:
- Rajan Handa: 85,868,620 shares (23.66%)
- Famta Handa: 10,000,000 shares (2.76%)
- Rajesh Chopra (HUF): 77,000 shares (0.02%)
- Sangeeta Chopra: 744,000 shares (0.20%)
- Anandana Handa: 25,409,500 shares (7.0%)
- Rishab Handa: 25,025,000 shares (6.90%)
- Raghav Handa: 25,025,000 shares (6.90%)
Authentication
Disclosure digitally signed by Rajan Handa, Managing Director (DIN: 00194590) on 17 September, 2026 at 16:30:46 IST.