BLP Equity Research Private Limited, a promoter of GEM Enviro Management Limited, has disclosed the creation of a pledge on 35,53,600 equity shares. The shares represent 15.76% of the company’s total share capital held by the promoter. The pledge was created on September 8, 2026, for ‘Business Purpose’ with Share India Securities Limited. This disclosure is made in accordance with SEBI regulations.
Promoter Discloses Share Pledge
BLP Equity Research Private Limited, acting as a promoter for GEM Enviro Management Limited, has formally disclosed the encumbrance of a significant portion of its shareholding. The disclosure, made on September 10, 2026, details the creation of a pledge on 35,53,600 equity shares of GEM Enviro Management Limited.
Shareholding Details and Encumbrance
These encumbered shares constitute 15.76% of the total share capital of the company that is held by BLP Equity Research Private Limited. The shares were pledged on September 8, 2026. The stated reason for the pledge is for ‘Business Purpose’. The details indicate that the counterparty to this encumbrance is Share India Securities Limited.
Additional Disclosures
The disclosure also notes that Mr. Dinesh Pareekh, Director of BLP Equity Research Private Limited, holds 6,80,000 equity shares representing 3.02% of the company’s total share capital, and Mrs. Sangeeta Pareekh holds 17,90,400 equity shares representing 7.94%. The total promoter shareholding in GEM Enviro Management Limited stands at 73.71%.
Further details regarding the encumbrance, including the value of shares on the date of the event and the amount involved, are provided as per SEBI circulars. The value of shares was Rs. 20,81,29,200, with the amount involved being Rs. 10,40,64,600, representing a ratio of 1:0.5 for the security cover/asset.
Source: BSE
