Pledge/Unpledge

DFPCL promoter Robust Marketing Services recently pledged 1.05 lakh shares (0.083% of total equity). This was a security top-up for a loan availed by SCM Growth LLP (a promoter group entity) from Bajaj Finance to invest in DFPCL's 100% subsidiary.

The additional pledge was triggered by a dip in DFPCL's share price, leading to a shortfall in the loan's security cover.

Robust Marketing's total pledged DFPCL shares now stand at 29.05 lakh, representing 2.301% of the company's equity. #DFPCL #PromoterPledge #InvestorUpdate