Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more

To check whether a company’s promoters have pledged or otherwise encumbered their shares, reconcile three disclosures for the same quarter: the latest quarterly shareholding pattern, the NSE Corporate Filings Pledged Data record, and the company’s Regulation 31(1)/(2) filing. Then read the stated reason and secured-party details and compare the figures with earlier quarters.

A pledge is only one form of encumbrance. SEBI also includes liens and similar arrangements, so a shareholding pattern by itself may not show the complete picture.

What promoter pledge and encumbrance mean

A promoter pledge is a security interest over shares used to secure borrowing or another obligation. If the borrower defaults, the lender may be able to enforce the security under the applicable agreement and law.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

“Encumbrance” is broader than “pledge.” SEBI interpretive material states: “The term ‘encumbrance’ shall include a pledge, lien or any such transaction, by whatever name called.” An arrangement can therefore be an encumbrance even when the filing does not use the word pledge.

#1 Best Overall
Elebase USB to USB C Adapter for iPhone 18 Pro Max,USBC Car Charger Adapter | 4Pack Type C Female to A Male Cable Converter for Apple Duo 17 16 15 14 Plus,iWatch Watch 12 11 10,iPad 9 8 Air,Airpods 5 4
  • Read Before You Buy — No Video Output: These adapters support charging and USB 2.0 data transfer, but cannot transmit video signals. Except for standard USB webcams (which use USB data only), they are not compatible with HDMI/DisplayPort cables, video-capable USB-C hubs, or docking stations with video output.
  • Convert USB-A Ports to USB-C: Designed to connect USB-C earphones, cables, flash drives, card readers, and other USB-C accessories to standard USB-A ports. Plug-and-play with no drivers or software required.
  • Aluminum Alloy Housing: Built with a sturdy aluminum alloy shell that aids in heat dissipation and protects against daily wear and scratches. Designed to maintain a stable and secure connection.
  • Compact & Travel-Friendly: The ultra-compact design allows the adapter to stay plugged into your device without blocking adjacent ports or adding bulk, reducing wear and tear on your original USB ports.
  • 12-Month Warranty: Backed by a 12-month manufacturer warranty for peace of mind. Designed to meet strict quality control standards for reliable everyday performance.

SEBI’s explanation focuses on risk: encumbrances that create a risk that promoter shares could be appropriated or sold by a third party are required to be disclosed under the Takeover Regulations. The disclosure does not, by itself, prove that a default has occurred or that a sale is imminent. It tells you that a third party has rights or control that need to be assessed.

What you need before searching

Identify the exact listed entity

Find the company’s NSE symbol or BSE code before opening a filing. Similar names, renamed companies and different share classes can lead to the wrong record. SEBI’s corporate-filings directory can be used to reach the official exchange filing pages.

Fix the reporting period

Write down the quarter and the filing date before copying any number. NSE labels its encumbrance figures as being “as of the last quarter,” while an exchange page may be updated after the quarter has ended. A percentage without its reporting period cannot be compared reliably with another percentage.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Keep a working record

Save the downloaded document or document version, its filing date and the page or table where each figure appears. This matters when an issuer submits a corrected filing or an exchange dashboard changes its displayed totals.

Step-by-step: check the filings

1. Download the latest quarterly shareholding pattern

Open the company’s official NSE or BSE filing page and download the latest quarterly shareholding pattern. In the NSE table, locate the row labelled Promoter & Promoter Group (A). Also note Public (B) and any other category shown in the table.

Record at least:

  • the quarter or reporting date;
  • promoter and promoter-group shares;
  • promoter and promoter-group ownership as a percentage of total share capital;
  • total shares outstanding used for the percentage; and
  • any separate rows for promoter-group entities or persons acting in concert.

This filing establishes the denominator and the size of the promoter holding. It generally does not provide every detail needed to determine which portion is pledged, liened or otherwise encumbered.

Rank #2
Anker USB-C Hub, 5-in-1 USB Hub for Laptops, 4K HDMI Multiport Adapter | USB C Dongle with 90W Max Power Delivery, 3×5Gbps USB A Data Ports, for MacBook, Dell, and More (Charger Not Included)
  • 5-in-1 USB-C Hub: Experience comprehensive connectivity featuring a Power Delivery input, two USB-A 2.0 ports, a USB-A 3.0 port, and an HDMI port. (Note: The USB-C power delivery input port is only for connecting an external wall charger to power your laptop and cannot power peripheral devices.)
  • 90W Pass-Through Charging: Achieve optimal charging with 90W pass-through power to your laptop, supported by a total input of 100W, with the hub reserving 10W for operational efficiency. (Note: Wall charger not included.)
  • Quick Data Transfers: Accelerate your productivity with rapid data transfers using a high-speed 5Gbps USB 3.0 port and two 480Mbps USB 2.0 ports.
  • 4K HDMI Display: Enhance your visual experience with a hub capable of delivering 4K resolution at 30Hz in both mirror and extend modes. Please note that this hub is compatible with MacBook (macOS 12 and newer), Windows 10 and 11, ChromeOS, and laptops equipped with DP Alt Mode and Power Delivery. Note: This device is not compatible with Linux.
  • What You Get: Anker USB-C Hub (5-in-1, 4K HDMI), welcome guide, 18-month warranty, and our friendly customer service.

2. Open NSE Corporate Filings Pledged Data

Use the NSE Corporate Filings Pledged Data page and search for the company’s symbol. Capture the record for the relevant last quarter, not merely the dashboard total shown for all issuers.

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

The NSE record provides several related measures. Copy each one rather than relying on a single headline percentage:

  • total promoter holding;
  • shares encumbered as of the last quarter;
  • percentage of promoter shares encumbered;
  • percentage of total shares encumbered;
  • number of pledged shares;
  • total demat shares; and
  • pledge-to-demat percentage.

“Percentage of promoter shares encumbered” answers how much of the promoters’ own holding is affected. “Percentage of total shares” answers how large the encumbered block is relative to the entire company. Those ratios can differ substantially when promoters own a large or small fraction of the company.

3. Open the Regulation 31(1)/(2) filing

Locate the issuer’s Regulation 31(1)/(2) filing for the same reporting period. These filings identify the promoter or person acting in concert, the reporting date, promoter holding and encumbered holding in both number and percentage of total share capital.

Use this filing to check the figures at the holder level. A group-level number on the NSE data page may conceal that one promoter entity carries most of the encumbrance while other promoters have none.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

4. Read the reason and secured-party disclosure

Do not stop after finding the word pledged. Read the accompanying reason-for-encumbrance disclosure. SEBI has a dedicated circular on disclosure of reasons, and the BSE form includes promoter holdings, pledged holdings, and the reason and secured-party information where reported.

Rank #3
Sale
Anker USB C Hub, 7in1 Multi-Port USB Adapter, 4K@60Hz USBC to HDMI Splitter | 85W Max PD, 2 USB 3.0 & 1 USBC Data Ports, SD/TF Card Reader, for Laptops/Mac and Other Type C Devices (Charger Not Included)
  • Sleek 7-in-1 USB-C Hub: Features an HDMI port, two USB-A 3.0 ports, and a USB-C data port, each providing 5Gbps transfer speeds. It also includes a USB-C PD input port for charging up to 100W and dual SD and TF card slots, all in a compact design.
  • Flawless 4K@60Hz Video with HDMI: Delivers exceptional clarity and smoothness with its 4K@60Hz HDMI port, making it ideal for high-definition presentations and entertainment. (Note: Only the HDMI port supports video projection; the USB-C port is for data transfer only.)
  • Double Up on Efficiency: The two USB-A 3.0 ports and a USB-C port support a fast 5Gbps data rate, significantly boosting your transfer speeds and improving productivity.
  • Fast and Reliable 85W Charging: Offers high-capacity, speedy charging for laptops up to 85W, so you spend less time tethered to an outlet and more time being productive.
  • What You Get: Anker USB-C Hub (7-in-1), welcome guide, 18-month warranty, and our friendly customer service.

Record:

  • the stated purpose or reason for the encumbrance;
  • the name or type of secured party, if disclosed;
  • whether the security is described as a pledge, lien or another arrangement;
  • the number of shares affected; and
  • the date on which the encumbrance was created, released, invoked or otherwise changed, if the filing provides it.

The existence of an encumbrance does not explain its purpose. A reason and counterparty help you distinguish, for example, financing security from an arrangement connected with another corporate obligation, but the filing is not a credit rating or a guarantee that enforcement cannot occur.

5. Repeat the check for earlier quarters

Download the same three types of filing for each earlier quarter that you want to compare. Keep the definitions and denominators consistent. A current percentage can fall because promoter holdings increased, because encumbered shares were released, or because the total share count changed; the raw share count is needed to tell these situations apart.

How to reconcile the three datasets

Document or dataset What to copy What it answers
Quarterly shareholding pattern Promoter & Promoter Group (A), Public (B), other categories, promoter shares, ownership percentage and reporting period How many shares promoters hold and what denominator the ownership percentage uses
NSE Corporate Filings Pledged Data Total promoter holding, encumbered shares, percentage of promoter holding, percentage of total shares, pledged shares, demat shares and pledge/demat percentage How much of the promoter holding and total company is shown as encumbered or pledged in the exchange dataset
Regulation 31(1)/(2) filing Promoter or person acting in concert, reporting date, holding and encumbered holding in shares and percentages Which holder is affected and how the issuer reports the encumbrance for that date
Reason and secured-party disclosure Purpose, secured party, arrangement type and event date where stated Why the encumbrance exists and who may have rights over the shares

Numbers should be close after allowing for the reporting date, rounding and the scope of the category. If one filing covers a promoter group and another lists individual persons or entities, add the relevant rows before comparing them.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Calculations that make the risk easier to see

Use the disclosed share counts to calculate the same ratios yourself:

  • Encumbrance as a percentage of promoter holding = encumbered promoter shares ÷ total promoter shares × 100.
  • Encumbrance as a percentage of total share capital = encumbered shares ÷ total shares outstanding × 100.
  • Pledge-to-demat percentage = pledged shares ÷ total demat shares × 100, using the NSE fields.

Carry the denominator and date with every result. “20% encumbered” is incomplete unless it says 20% of promoter holding or 20% of total share capital, and identifies the quarter.

How to tell whether promoter pledges are increasing

Build a quarter-by-quarter series

Create one row per reporting period with promoter shares, encumbered shares, pledged shares, total shares, percentage of promoter holding, percentage of total share capital and the stated reason. Keep a separate note for releases, invocation or other events.

Rank #4
Sale
UGREEN USB to USB C Adapter Combo 4-Pack, 10Gbps USB C Converter Space Gray | Data transfer & Fast charging for MacBook, iPhone 17/16/15, iPad, Samsung Galaxy, Apple Watch
  • Dual Converters, Infinite Potential:Includes 2× USB C male to USB A female adapters and 2× USB A male to USB C female adapters. Perfect for a wide range of uses—tablets with Bluetooth keyboards, expand USB ports on macbook, and more. Two different converters for all your daily needs
  • Next-Level 10Gbps & 3A Charging: No more slow 480Mbps, this usb to usb c adapter has a transfer speed of up to 10Gbps, allowing you to do more transferring in less time. This usb adapter fits both USB A and USB C charger, supporting up to 3A fast charging
  • Upgraded Exquisite Craftsmanship: With an aluminum alloy housing and metal connector, the usbc to usb adapter is extremely durable and sturdy. Rigorously tested to withstand more than 10,000 times of plugging and unplugging, ensuring long-lasting performance
  • Broad Compatible: The usb c to usb adapter widely supports all USB C/ USB A devices like laptops, tablets, cellphones, car chargers, and phone chargers. Such as compatible with MacBook Pro/Air 2023/2022, Thunderbolt 4/3 Devices,Apple MagSafe Watch 9/8/7/SE/Ultra, iPad Pro 2022/2021, Samsung Galaxy S23/S20/S10, and iPhone 17/16/15 Pro. Plug and play
  • Please Note: To reach 10Gbps speed, keep the cable under 3.3 ft. For USB A Male to USB C adapters, try flipping the USB C connector. USB C Male to USB A adapters support bidirectional 10Gbps transfer within 3.3 ft
Pattern across quarters What to investigate
Encumbered shares and both percentages rise Whether new security was created, the secured party changed, and whether the reason indicates additional borrowing or another obligation
Encumbered shares fall Whether the filing records a release, repayment, transfer or a change in the promoter denominator
Pledged shares disappear but another encumbrance remains Whether the arrangement was released, converted to a lien or reported under a different category
Promoter percentage falls while encumbered shares stay similar Whether total shares increased or promoter holdings changed, rather than assuming that risk was reduced
An invocation or sale is reported The event date, resulting promoter holding and subsequent shareholding pattern
Exchange and issuer figures do not match Reporting dates, rounding, holder scope, corrected filings and whether one figure covers pledges while another covers all encumbrances

Look at the direction and speed of change, not just the latest snapshot. A small increase repeated over several quarters can be more informative than a one-time movement, while a sudden jump warrants checking the reason and counterparty immediately.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Comparing two companies fairly

There is no authoritative universal percentage at which a company becomes “safe” or “unsafe.” A meaningful comparison uses the same quarter and the same definitions for both issuers.

Comparison axis How to use it
Encumbered shares as a percentage of promoter holding Shows how much of the promoters’ control block is subject to third-party rights
Encumbered shares as a percentage of total share capital Shows the affected block relative to all outstanding shares
Direction and speed across periods Separates a stable historical position from a rapidly changing one
Stated reason and secured-party type Provides context for why the security exists and who may enforce it
Consistency among exchange datasets and issuer filings Tests whether the reported numbers have the same scope and reporting date

Do not rank companies using the promoter-percentage figure alone. A company with a lower promoter encumbrance ratio can still have a larger encumbered block as a percentage of total share capital, and a high ratio may have a different meaning depending on the reason and secured party.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Common pitfalls and how to fix them

Reading only the shareholding pattern

The shareholding pattern tells you the promoter holding but may not list every pledge, lien or similar transaction. Add the NSE pledged-data and Regulation 31 checks.

Confusing pledged shares with all encumbered shares

Pledged shares are a subset of encumbered shares. Liens and other qualifying transactions can make total encumbrance larger than the pledge count.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Mixing quarters

A current shareholding pattern compared with an older pledged-data record can create a false mismatch. Match reporting dates first, then compare filing dates and any correction notices.

Best Value
Anker USB C Hub, 5-in-1 USBC to HDMI Splitter with 4K Display | 85W Max PD, 1 Powered USB-C 5Gbps & 2 Powered USB-A 3.0 5Gbps Data Ports, for MacBook Pro, MacBook Air, Dell and More (Black)
  • 5-in-1 Connectivity: Equipped with a 4K HDMI port, a 5 Gbps USB-C data port, two 5 Gbps USB-A ports, and a USB C 100W PD-IN port. Note: The USB C 100W PD-IN port supports only charging and does not support data transfer devices such as headphones or speakers.
  • Powerful Pass-Through Charging: Supports up to 85W pass-through charging so you can power up your laptop while you use the hub. Note: Pass-through charging requires a charger (not included). Note: To achieve full power for iPad, we recommend using a 45W wall charger.
  • Transfer Files in Seconds: Move files to and from your laptop at speeds of up to 5 Gbps via the USB-C and USB-A data ports. Note: The USB C 5Gbps Data port does not support video output.
  • HD Display: Connect to the HDMI port to stream or mirror content to an external monitor in resolutions of up to 4K@30Hz. Note: The USB-C ports do not support video output.
  • What You Get: Anker 332 USB-C Hub (5-in-1), welcome guide, our worry-free 18-month warranty, and friendly customer service.

Using a dashboard total as a company figure

The NSE page can display an aggregate number for all companies. Search the issuer and copy the company-level row for the desired quarter.

Ignoring the denominator

Always retain both the number of shares and the percentage of promoter holding and total share capital. A percentage can change when the denominator changes even if no shares are released.

Assuming a pledge proves default

A disclosed security does not establish that a borrower has defaulted or that the lender has begun enforcement. Look for an invocation, sale, release or other event in later filings.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Volatile NSE dashboard totals

At the time the NSE live page was accessed on 19 October 2026, it reported promoter pledges for 1,545 companies and a value of Rs. 957,808.561 crore of promoter pledged holding. These are live dashboard totals, not fixed historical statistics. They can change as companies file new data, so use the issuer-level quarter record for analysis and recheck the aggregate before quoting it.

A practical worksheet

For each quarter, keep a row containing the following fields:

  1. Company name, NSE symbol and BSE code.
  2. Reporting quarter and each filing’s submission date.
  3. Promoter & Promoter Group (A) shares and percentage.
  4. Public (B) and other category figures needed to verify total share capital.
  5. NSE total promoter holding, encumbered shares, promoter-encumbrance percentage, total-share percentage, pledged shares, demat shares and pledge/demat percentage.
  6. Regulation 31 holder names, holding and encumbered holding in shares and percentages.
  7. Reason, secured party and event type: creation, release, invocation or other change.
  8. Document filename, version and page or table reference.

After entering a new quarter, check the raw share counts first, recalculate the percentages, then investigate any sharp movement or mismatch. This sequence prevents a rounded percentage or stale dashboard value from driving the conclusion.

Bottom line for investors and analysts

The dependable check is a reconciliation, not a single search result: establish promoter ownership in the quarterly shareholding pattern, quantify encumbrance in NSE’s pledged-data record, verify holder-level details in Regulation 31 filings, and read the reason and secured-party disclosure. Preserve the quarter and document version, then monitor the series for increases, releases, invocation or inconsistent reporting. Because no universal safe threshold is established, interpret the percentage together with its trend, purpose, counterparty and potential enforcement risk.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.