Tilaknagar Industries' promoter, Mrs. Shivani Amit Dahanukar, has pledged an additional 650,000 shares (0.26% of total equity) with Avendus Finance to secure a loan.

This increases her total pledged shareholding to 29,173,858 shares, which is 11.80% of the company's total share capital.

Investors tracking promoter actions should monitor the increasing proportion of pledged shares.