Ajanta Pharma promoter, Aayush Agrawal Trust, recently saw some movement in pledged shares.
On August 19, 9.76 lakh shares (0.78% of total equity) were **UNPLEDGED** after a loan with RBL Bank was repaid.
This reduced the promoter's pledged shares to 10.05% of equity.
However, shortly after on August 21, 9.20 lakh shares (0.74% of total equity) were **NEWLY PLEDGED** to 360 One Prime as additional security.
Post these transactions, the promoter's total pledged holding is 1.34 Cr shares, representing 10.79% of Ajanta Pharma's total equity.
While there was a release, the subsequent creation resulted in a minimal net change from the 10.83% pledged before these events. #AjantaPharma #PledgeUpdate
No comments yet. Be the first.