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Neuland Laboratories is engaged in manufacturing and selling of bulk drugs and caters to both domestic and international markets.
Neuland Labs promoter Davuluri Saharsh Rao has pledged 96,000 shares, which represent 0.75% of the company's total equity. These shares were encumbered to secure personal borrowings. This marks a new pledge for Rao, with nearly half of his individual holding now under encumbrance. Investors often monitor such insider share movements.