PledgingPledge/Unpledge
Mafatlal Industries, a promoter of NOCIL Ltd, has released a pledge on 280,000 equity shares of NOCIL.
NOCIL LimitedNOCIL · Filed with the exchange
This transaction, linked to security cover adjustments with CSB Bank, slightly reduces the overall promoter pledge on NOCIL shares.
A decrease in promoter pledged shares is typically seen as a positive development for investors.
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