Shreeyam Trade Dynamics Private Limited has officially filed a mandatory disclosure regarding the release of share encumbrance under SEBI regulations. This action pertains to its shareholding in Choice International Limited. The filing, dated February 24, 2026, details the reduction of pledged shares across various promoter group entities. Notably, the reporting entity’s direct holding, along with the promoter group, shows a post-event encumbrance level totaling 7.02% of the total capital.
Mandatory Disclosure on Share Encumbrance Release
Pursuant to regulatory requirements, Shreeyam Trade Dynamics Private Limited has submitted disclosures concerning the release of previously encumbered shares in the target company, Choice International Limited. The disclosure filing date is February 24, 2026.
Key Promoter Group Changes
The filing details the status of shareholding and encumbrance across the entire promoter and promoter group. The primary event detailed is the “Release of Pledge Shares” for M/s Shreeyam Trade Dynamics Private Limited, specifically related to the release of margin pledge on February 18, 2026.
Holding Summary Post-Release
The table below summarizes the material changes for the main reporting entity and the overall promoter group:
- M/s Shreeyam Trade Dynamics Private Limited: The total holding was 2.49%. Following the release from the pledge, the post-event encumbered shares represent 2.02% of the total share capital, down from 2.33% previously encumbered by the entity.
- Total Promoter Group Holding: The collective shareholding stands at 57.37% pre-event (diluted basis), with a total post-event encumbered holding of 7.02%, amounting to 1,56,50,000 shares.
All other listed promoter entities, including M/s. Patodia Properties Private Limited, Mr. Arunkumar Poddar, and various HUFs, show NIL activity regarding new creation, invocation, or release of encumbrances during this reporting period, maintaining their respective pre-event encumbered positions.
The disclosure was authorized by Arun Kumar Poddar, Director, identified by DIN: 02819581.
Source: BSE
