Sunil Kumar Malik, a promoter of Kalyan Capitals Limited, has formally disclosed the creation of a pledge on 1,37,00,000 shares. This action represents 26.09% of his total shareholding and 26.09% of the total share capital. The encumbrance was created on September 8, 2026, as collateral for a loan facility sanctioned to the entity. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Promoter Encumbrance Details
In compliance with regulatory requirements, Sunil Kumar Malik, a promoter of Kalyan Capitals Limited, has submitted a disclosure regarding the encumbrance of his shares. The announcement details the creation of a pledge on 1,37,00,000 shares, which constitutes 26.09% of his total holdings and 26.09% of the company’s total issued share capital.
Transaction Specifics
The pledge was created on September 8, 2026. The shares were pledged in favour of SHARE INDIA SECURITIES LIMITED, an entity operating in the Broking Industry. This encumbrance is specifically for securing a financial facility sanctioned to the listed company, Kalyan Capitals Limited.
The value of the shares on the date of the event was approximately ₹9.22 Crores, with the amount involved in the encumbrance matching this figure. The ratio of the value of shares to the amount involved is 1, indicating full collateralization. The borrowed funds are intended for securing a financial facility for the entity.
Shareholding Context
The total promoter shareholding in Kalyan Capitals Limited is 3,55,05,038 shares, representing 67.61% of the total share capital. Sunil Kumar Malik’s individual shareholding, prior to this encumbrance, was 1,37,00,000 shares. With this pledge, 100% of his shares held in Kalyan Capitals Limited are now encumbered.
Source: BSE
