Announced Tue, 14 Jul · 18:19 IST
Adishakti Loha: Promoter releases pledge on 14,12,525 shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹12.96
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.7—+1.9-7.0-7.3-2.1————
Up moveDown movePending
AI summary
Pawan Kumar Mittal, promoter of Adishakti Loha and Ispat, has released pledge on 14,12,525 equity shares representing his entire 11.25 percent stake in the company. This is a revised disclosure after BSE flagged discrepancies in the original filing dated 13 June 2026. The pledged shares had been used as margin for trading in securities with MSBe-trade Securities.
Likely market impact
Removal of pledge eliminates encumbrance on promoter stake, signalling reduced funding pressure. Positive for share supply outlook.