Websol Energy System Limited has reported a change in promoter shareholding due to the creation of a fresh encumbrance. Promoter Mr. Sohan Lal Agarwal has pledged 300,000 shares of the company, held in favor of Aamara Capital Private Limited. This transaction, executed on March 16, 2026, was initiated to secure funds. Following this action, the promoter’s total encumbered shareholding has adjusted to 37,182,280 shares, representing 8.56% of the total share capital.
Details of Share Encumbrance
As per the latest disclosure, a fresh pledge of 300,000 shares has been created by promoter Mr. Sohan Lal Agarwal. The transaction was finalized on March 16, 2026. The shares were pledged in favor of Aamara Capital Private Limited, with the stated purpose of securing the funds raised by the promoter.
Impact on Promoter Holding
Prior to this transaction, the promoter held 36,882,280 shares under encumbrance, accounting for 8.49% of the total share capital. With the addition of the 300,000 shares, the total number of encumbered shares has risen to 37,182,280. This new total represents 8.56% of the company’s total share capital, while the promoter’s overall holding in the target company remains at 38,632,080 shares, or 8.90%.
Source: BSE
