Vikas Lifecare Ltd (VIKASLIFE) — promoter pledge

Pledged promoter shares first appear in Vikas Lifecare Ltd's Jun 2022 filing, covering 12.6% of promoter holding. The share of promoter holding pledged peaked at 12.6% (1.4% of total equity), most recently in Mar 2023, against 0% in Mar 2026. A year earlier, in Mar 2025, the figure was 0%. A pledge is reported in 13 of the 28 quarters of promoter shareholding data Solomo holds for this company, including each of the last 3.

One member of the promoter group reports pledged shares in Mar 2026: SHASHI GARG (100% of that stake pledged).

Ranked by share of promoter holding pledged, Vikas Lifecare Ltd is #535 of the 563 listed Indian companies whose latest quarterly filing reports any pledged promoter shares.

A promoter pledge means a promoter has put their own shares up as collateral, usually against a loan. It is legal and common, and SEBI requires it to be disclosed every quarter in the shareholding pattern. It matters to other shareholders because a sharp fall in the share price can trigger a margin call: if the promoter cannot top up the collateral, the lender can invoke the pledge and sell those shares in the open market, which adds selling pressure to an already falling price and, at high pledge levels, can change who controls the company. The percentage on its own is not a verdict — the level, the direction of travel and what the borrowing funded all matter.