Gradiente Promoters Create Pledge Against Shares Worth Rs 2.76 Crore
Vimal Raj Mathur, a promoter of Gradiente Infotainment Limited, has created a pledge against his shares in the company. The transaction involves pledging 1,00,00,000 shares to Orbit Global Softsol Pvt Ltd. for a financial obligation.The pledge was executed on June 30, 2026.
According to the details, the total promoter shareholding of Gradiente Infotainment Limited is 5.20%. The encumbered shares represent 31.30% of the company’s total share capital.
The security cover for this transaction amounts to Rs 2,76,00,000/- as of the date of the agreement. The amount involved against which the shares were pledged is Rs 1,00,00,000/-. This yields a Security Cover to Amount ratio of 2.76:1.
The purpose for utilizing the funds obtained through this pledge was specified as personal use by the promoters.
Key Transaction Details
The following table outlines the details of the shares encumbered under the transaction:| Parameter | Detail |
|---|---|
| Name of Company | Gradiente Infotainment Limited |
| Promoter Encumbering Shares | Vimal Raj Mathur |
| Total Promoter Shareholding | 5.20% |
| Encumbered Shares as a Percentage | 31.30% |
Financial Overview of the Pledge
Details concerning the encumbrance are summarized in the table below:| Metric | Details |
|---|---|
| Type of Encumbrance | Pledge |
| Number of Shares Encumbered | 1,00,00,000 |
| Pledger Entity Name | Vimal Raj Mathur |
| Pledgee Entity | Orbit Global Softsol Pvt Ltd. |
| Value of Shares on Date of Agreement (A) | Rs 2,76,00,000/- |
| Amount Involved in Pledge (B) | Rs 1,00,00,000/- |
| Ratio A / B | 2.76:1 |
GRADIENTE Stock Price Movement
Today, Gradiente Infotainment Limited shares edged higher to close at ₹3.26 after gaining 4.82%. The stock traded with a volume of 397,383 shares and reached an intraday high of ₹3.26.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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