Annapurna Swadisht promoter releases pledge on 2.80% shares
ANNAPURNA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Ritesh Shaw, Promoter and Managing Director of Annapurna Swadisht, released a pledge on 6,50,000 equity shares (2.80% of total share capital) on 9 October 2026. The pledge was held by HDFC Bank. After this release, his total holding stays at 74,15,000 shares (33.98%), with 54,65,000 shares (25.05%) still encumbered. Encumbered portion drops from 28.02% to 25.05% of capital.
Pledge release eases financial pressure on the promoter and is a positive signal, though about a quarter of his holding remains pledged with HDFC Bank.