Olympia Industries Limited submitted a regulatory disclosure to the Bombay Stock Exchange regarding the release of pledged shares by one of its promoters.
Key Transaction Details
The disclosure concerns Mr. Navin Kumar Pansari (PAN: AADPP2684G), a promoter of the company. He initiated the release of 151,516 pledged equity shares of Olympia Industries Limited. The transaction was a pledge revocation (release), not an acquisition or disposal of shares. The release was executed on September 29, 2026.
Shareholding Impact
Mr. Pansari's total shareholding remained unchanged at 681,935 equity shares both before and after the pledge release, representing an 11.32% stake in the company. The transaction value was reported as zero, as it involved the release of a pledge and not a purchase or sale of securities.
Documentation and Filing
The company received a formal letter from Mr. Pansari dated October 12, 2026, notifying them of the pledge release. This letter was accompanied by a completed Form C, which is the prescribed format for continual disclosures under SEBI PIT regulations. Olympia Industries then proceeded with this manual filing to the exchange on October 13, 2026.
The filing was digitally signed by Avanti Vinod Patthey, Company Secretary & Compliance Officer (Membership No.: A77997).