Diwakar Finvest Private Limited has formally disclosed the release of encumbered shares. This action, detailed in accordance with SEBI regulations, involves the release of a specific number of shares previously held as security. The disclosures were made to the National Stock Exchange of India and BSE Limited, providing transparency on the promoter’s stake and any changes in share encumbrance status.
Disclosure of Share Release
Diwakar Finvest Private Limited has submitted a disclosure regarding the release of encumbered shares. This announcement is made under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has formally informed both the National Stock Exchange of India Limited and BSE Limited about these developments.
Details of Share Release
The disclosure, dated 13.11.2026, outlines specific events of share release. For instance, on 05-11-2026, a release of 1,82,500 shares (0.04% of share capital) occurred in favor of DCB Bank Limited, resulting in a post-event holding of 95,24,492 shares (2.22% of share capital) for Suraj Finvest Pvt Ltd. Further releases were noted on 11-11-2026 and 12-11-2026, involving entities such as HSBC InvestDirect Financials Services (India) Ltd and IDBI Trusteeship Services Ltd., impacting Diwakar Finvest Pvt Ltd’s holdings.
The detailed annexures provide a comprehensive list of promoters and Promoter Acting in Concert (PAC) persons, along with their respective shareholdings and the status of any encumbrances. This transparency is crucial for market participants to understand the complete shareholding patterns and any changes therein.
Source: BSE
