Promoter Anand Desai pledges 98 percent of his shares for company NCDs and loan
ANURAS · price
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Anand Sureshbhai Desai, promoter of Anupam Rasayan India, created pledges on 70,41,160 shares on Sept 22 and 23, 2026. This takes his total encumbered holding to 1,08,76,940 shares, about 98 percent of his personal stake and 9.55 percent of total company capital. The pledges back INR 145 crore NCDs issued by Anupam Rasayan plus NCDs of its subsidiary Mates Visa Consultancy. Promoter group member Shraddha Anand Desai separately pledged 50,00,000 shares (4.39 percent of capital) against a personal loan from Tata Capital.
Nearly all of promoter Anand Desai's stake is now pledged, raising leverage and margin call risk. Watch share price and any further pledge disclosures.