Stake & pledge confluence SAST Reg 29 + Reg 31/32 · as of 2026-10-01 · broadcast-date anchored · descriptive, not advice Substantial-holder stake moves crossed with promoter pledge FLOW — the board shows names where
both fired inside 90 days , labelled by SHAPE:
constructive (stake added while encumbrance falls/holds) ·
distress (invocation, or selling into rising pledge) ·
mixed . All magnitudes in
% of equity , never share counts. A shape describes a crossing that already happened — the footprint study proved there is NO pre-public window to detect (SEBI T+2), and the arc/velocity studies (E-04/E-05) are pre-registered and pending, so nothing here predicts.
Source: NSE's SAST disclosure feeds; every tape row links (⇗) to the filed document on the NSE archive.
glossary → Bottom line Names where a big shareholder's stake move and a promoter-pledge change both fired inside 90 days — labelled constructive (stake up while pledge falls) or distress (selling into rising pledge). A crossing that already happened — descriptive, not advice .
43
Confluence names · 90d
stake AND pledge events on the same name
5
Constructive shape
stake added · encumbrance flat/falling
8
Distress shape
invocation, or selling into rising pledge
3
Invocations · 90d
lender forced-sale events (always adverse)
7
Control transfers ⚡
≥25% of capital in one filing — badged, never summed
466 / 83
Context census
names with any stake / any pledge event
Confluence board — both feeds, same name, 90 days; sorted by combined magnitude
The tape — every disclosure, both feeds, newest first (window 30d)
Broadcast Symbol Event Who % of equity After Mode / lender (as filed) Filing 2026-10-01 ANURAS PLEDGE · RELEASE promoter 2.93% 6.30% Catalyst Trusteeship ltd ( Debenture ⇗ 2026-10-01 NRBBEARING PLEDGE · RELEASE promoter 0.93% 2.37% Shares unpledged by Tata Capital Lim ⇗ 2026-10-01 VIPCLOTHNG PLEDGE · RELEASE promoter 0.67% 0.67% JJ Fincap Private Limited ⇗ 2026-10-01 PAISALO PLEDGE · RELEASE promoter 0.00% 3.74% Cholamandalam Investment And Finance ⇗ 2026-09-29 JYOTICNC PLEDGE · RELEASE promoter 0.44% 6.70% Aditya Birla Capital Limited ⇗ 2026-09-29 PAISALO PLEDGE · RELEASE promoter 0.33% 4.06% Indian Chain Pvt. Ltd. ⇗ 2026-09-29 SHILPAMED PLEDGE · RELEASE promoter 0.25% 0.69% Bajaj Finance Limited ⇗ 2026-09-29 AJANTPHARM PLEDGE · RELEASE promoter 0.01% 9.35% Aditya Birla Capital Ltd ⇗ 2026-09-25 NRBBEARING PLEDGE · RELEASE promoter 0.73% 3.10% Shares unpledged by Tata Capital Lim ⇗ 2026-09-24 GPECO PLEDGE · RELEASE promoter 1.34% 12.86% LRSD Securities Private Limited ⇗ 2026-09-24 REFEX PLEDGE · RELEASE promoter 0.43% 24.05% Comfort Fincap Limited ⇗ 2026-09-24 ASIANPAINT PLEDGE · RELEASE promoter 0.09% 3.68% Citicorp Finance (India) Limited ⇗ 2026-09-22 THYROCARE PLEDGE · RELEASE promoter 49.93% 49.93% Docon had outst anding pledge over 7 ⇗ 2026-09-22 WEBELSOLAR PLEDGE · RELEASE promoter 11.67% 13.05% Indian Renewable Energy Development ⇗ 2026-09-22 ADVENTHTL PLEDGE · RELEASE promoter 4.02% 4.02% IDBI Trusteeship Services Limited (S ⇗ 2026-09-22 NRBBEARING PLEDGE · RELEASE promoter 2.37% 5.47% Shares unpledged by Tata Capital Lim ⇗ 2026-09-22 GPECO PLEDGE · RELEASE promoter 2.02% 18.62% Mufin Green Finance Limited ⇗ 2026-09-22 JYOTICNC PLEDGE · RELEASE promoter 1.12% 8.66% Aditya Birla Capital Ltd ⇗ 2026-09-22 VEDL PLEDGE · RELEASE promoter 0.98% 0.98% Citicorp International Limited ⇗ 2026-09-22 JYOTICNC PLEDGE · RELEASE promoter 0.84% 7.54% HDFC Bank Limited ⇗ 2026-09-22 AJANTPHARM PLEDGE · RELEASE promoter 0.74% 10.45% Bajaj Finance Limited ⇗ 2026-09-22 AXISCADES PLEDGE · RELEASE promoter 0.23% 5.76% Aditya Birla Capital Ltd ⇗ 2026-09-22 NCLIND PLEDGE · RELEASE promoter 0.01% 0.06% NORTHEAST BROKING SERVICES LTD ⇗ 2026-09-10 PAISALO PLEDGE · RELEASE promoter 1.99% 4.72% Bajaj Financial Securities Limited ⇗ 2026-09-10 PAISALO PLEDGE · RELEASE promoter 0.68% 0.79% Bajaj Financial Securities Limited ⇗ 2026-09-10 PAISALO PLEDGE · RELEASE promoter 0.68% 0.79% Bajaj Financial Securities Limited ⇗ 2026-09-10 PAISALO PLEDGE · RELEASE promoter 0.30% 1.05% Bajaj Financial Securities Limited ⇗ 2026-09-10 CHOICEIN PLEDGE · RELEASE promoter 0.27% 0.27% NA ⇗ 2026-09-10 LLOYDSME PLEDGE · RELEASE promoter 0.14% 17.03% Aditya Birla Capital Limited ⇗ 2026-09-03 LLOYDSME PLEDGE · RELEASE promoter 0.19% 1.10% Bajaj Finance Limited, Jio Credit Li ⇗ 2026-09-03 LLOYDSME PLEDGE · RELEASE promoter 0.06% 1.09% Jio Credit Limited ⇗ 2026-09-03 NCLIND PLEDGE · RELEASE promoter 0.03% 0.10% NORTHEAST BROKING SERVICES LTD ⇗ 2026-09-01 SICALLOG PLEDGE · RELEASE promoter 41.17% 41.17% Name of lenders: 1) Aditya birla C ⇗ 2026-09-01 VPRPL PLEDGE · RELEASE promoter 1.85% 1.93% NIDHI CASTINGS AND ALLOYS PRIVATE LI ⇗ 2026-09-01 JYOTICNC PLEDGE · RELEASE promoter 1.68% 9.57% HDFC Bank Ltd ⇗ 2026-09-01 MTARTECH PLEDGE · RELEASE promoter 0.34% 0.86% Aditya Birla Money Limited ⇗ 2026-09-01 VPRPL PLEDGE · RELEASE promoter 0.14% 5.20% NIDHI CASTINGS AND ALLOYS PRIVATE LI ⇗