Total Promoter Shareholding: 2,46,50,000 equity shares (9.25% of total share capital)
Pledge Release Particulars
Number of Shares Released: 1,74,000 equity shares
Percentage of Total Capital Released: 0.06%
Type of Encumbrance: Pledge
Reason for Release: Repayment
Entity in Whose Favor Shares Were Encumbered: Virtue Financial Services Private Limited
Post-Release Encumbrance Position
Total Encumbered Shares After Release: 75,95,971 shares
Percentage of Total Capital Encumbered: 2.85%
Encumbered Shares as % of Promoter Shareholding: 30.81%
Additional Encumbrance Details
Security Cover Value: ₹3,67,83,600
End Use of Money: Personal use by promoters and PACs
Entity Type: Virtue Financial Services Private Limited is not a scheduled commercial bank, public financial institution, NBFC, or housing finance company
Related Entities: No involvement of listed company or its group companies in the encumbrance agreement
Signatories and Submission
Company Signatory: Mehul Laljibhai Vala, Whole Time Director & CEO (DIN: 08361696)
Promoter Signatory: Authorized signatory of Fairpoint Tradecom LLP
