Patodia Properties Private Limited has resubmitted a revised disclosure regarding share encumbrances, following clarification sought by regulatory bodies. The disclosure pertains to regulations concerning substantial acquisition of shares and takeovers. This revision addresses post-encumbrance share details as instructed. Key details involve Choice International Limited, with changes effective December 30, 2025. The total encumbered share capital stands at 7.56%.
Share Encumbrance Details
Patodia Properties Private Limited has provided a revised disclosure concerning the encumbrance of shares. The target company for these disclosures is Choice International Limited. The stock exchanges where Choice International Limited’s shares are listed are BSE and NSE. The reporting date for this disclosure is January 1, 2026.
Encumbrance Creation & Release
On December 30, 2025, certain changes were made to the encumbrance of shares. The encumbrance type is a pledge, and it involves the release of margin pledge for 13,00,000 shares. After these events, 71,70,000 shares are now encumbered by National Securities Clearing Corporation. Another encumbrance creation on December 30, 2025, involves Aditya Birla Capital, resulting in 84,70,000 shares being encumbered.
Total Encumbrance
As of the latest disclosure, the total encumbered share capital is 7.56%, representing 1,68,57,000 shares. These shares are primarily encumbered with National Securities Clearing Corporation and Aditya Birla Capital.
Reason for Encumbrance
The encumbered shares amount to 3.80% of the total share capital in listed company. It’s encumbered as Pledge towards Aditya Birla Capital Limited.
Source: BSE
