Sunita Choraria, a promoter group shareholder of Kalpataru Projects International Limited, has created a pledge on 150,000 equity shares. This represents approximately 0.0878% of the total share capital. The encumbrance has been made in favour of Tata Capital Limited. The disclosure, dated December 10, 2025, provides details regarding the existing events and agreements related to this encumbrance.
Pledge Details
A promoter group shareholder, Sunita Choraria, has created a pledge on 150,000 equity shares of Kalpataru Projects International Limited.
Encumbrance Information
As of December 10, 2025, the type of encumbrance is a pledge. The number of shares encumbered is 150,000, representing 0.0878% of the total share capital.
Entity Details
The shares are encumbered in favour of Tata Capital Limited, a non-banking financial company (NBFC). Priyanka Finance Private Limited is the borrower and Tata Capital Limited is the lender.
Financial Overview
The value of shares on the date of the agreement is INR 17,325 Crores. The amount involved against which the shares have been encumbered is INR 8,66,25,000 (Total Facility: INR 40 crores). The borrowed amount will be utilized for general corporate purposes of the borrower.
Promoter Shareholding
Total promoter shareholding in the company as of September 30, 2025 is 5,73,27,687 shares, representing 33.57% of the total share capital. Encumbered shares represent 24.57% of promoter shareholding and 8.25% of the total share capital.
Source: BSE
