Promoter pledge creation at Ajanta Pharma for NCD issuance (revised)

Ownership Changes View source PDF Explain this filing

AJANTPHARM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹3315.00

prior close

₹3262.00

announcement price

In-mkt

timing

Nifty Midcap 150market-1.6%+0.7% vs market

Pharmaceuticals peers, median of 165sector-0.8%-0.2% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Midcap 150 and 0.2 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.2

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.6+0.7-0.8-0.2

Next day

-0.3-0.2-0.1+0.0-0.3

+1.5+1.1+0.4+0.5+1.0

+3.3+1.1+2.2+1.0+2.3

+3.1+0.6+2.5+0.2+2.9

+4.1+1.1+3.0+0.8+3.2

+2.9+0.2+2.6-0.4+3.3

15d

+2.8+0.9+1.9-0.4+3.3

+5.8+2.4+3.4-0.3+6.1

+8.3+0.8+7.5+3.1+5.2

+3.6-7.0+10.6-1.7+5.4

UpDownMarket · Nifty Midcap 150Sector · Pharmaceuticals peers, median of 165Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters of Ajanta Pharma, including Aayush Agrawal Trust, Aayush Agrawal individually, and Gabs Investments, have pledged 66.33 lakh shares (around 5.31 percent of capital) as security for non-convertible debenture issuance. NCDs are held by CTL Trusteeship for 360 ONE funds and 360 ONE Prime Ltd. This is a revised filing correcting the name of the entity holding the encumbrance. Post this, Aayush Agrawal Trust has 1.35 crore shares (10.83 percent) pledged, about 95.8 percent of its holding.

Likely market impact

Promoters raising debt via NCDs using shares as collateral. Aayush Trust is about 95 percent pledged, showing high leverage for that entity.