Pledge/Unpledge

Promoter Kushal H. Shah of Hubtown Limited has seen 1,400,000 shares (0.99% of total share capital) invoked by Edelweiss Investment Advisors Limited on March 27, 2026. These shares were initially pledged as collateral for a loan availed by Hubtown Limited.

Following this invocation, Kushal H. Shah's encumbered shares now stand at 1,400,000, down from 2,800,000. Overall, the promoter group's total encumbered shares have decreased from 6.26% to 5.28% of the company's total share capital.

For investors, an invocation means the lender has taken control of the pledged shares, potentially impacting promoter stake and market sentiment.