Promoter Shivani Amit Dahanukar has formally disclosed the creation of a pledge on 6,50,000 equity shares of Tilaknagar Industries Ltd., effective February 2, 2026. The shares were pledged to Avendus Finance Private Limited as security for a loan. This filing, dated February 11, 2026, details the required regulatory disclosures concerning encumbrances on promoter holdings. The transaction results in a slight decrease in the promoter’s effective shareholding percentage.
Mandatory Disclosure of Share Encumbrance
In compliance with applicable regulations, Mrs. Shivani Amit Dahanukar, a Promoter of Tilaknagar Industries Ltd., has submitted a disclosure regarding the creation of an encumbrance on a portion of her shareholding. The filing date for this report is February 11, 2026.
The specific event detailed is the Creation of a Pledge over 6,50,000 equity shares. This action took place on February 02, 2026. The stated reason for the pledge is to secure a loan.
Shareholding Impact Summary
Prior to this event, Mrs. Shivani Amit Dahanukar held a total of 3,29,76,043 shares, representing 13.34% of the total share capital. After the creation of the pledge, her direct holding remains the same, but the post-event total of encumbered shares stands at 291,73,858 shares, adjusting the effective holding percentage to 11.80%.
The shares have been pledged in favor of Avendus Finance Private Limited, which now holds the encumbrance over these shares.
Promoter Group Shareholding Status
The disclosure table also confirmed that no new encumbrances were created on the holdings of other members of the Promoter and Promoter Group as of the reporting date. Key holdings within the group remain:
- Mr. Amit Dahanukar: Holding 2,77,74,552 shares (11.24%), with an existing encumbrance of 2,68,44,552 shares (10.86%).
- Priyadarshini A Dahanukar: Holding 5,38,281 shares (0.22%), fully encumbered.
- Anupama Arun Dahanukar: Holding 4,57,623 shares (0.19%), fully encumbered.
- Arunoday Investments Pvt Ltd: Holding 71,34,330 shares (2.89%), fully encumbered.
- M L Dahanukar And Co Pvt Ltd: Holding 95,07,631 shares (3.85%), fully encumbered.
Source: BSE