Apollo Tyres promoter Raaja Kanwar reports pledge invocation of 24,000 shares
APOLLOTYRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 1.0 pts more than its Tyres & Rubber Products peers, 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.
Promoter Raaja Kanwar of Apollo Tyres disclosed invocation of pledge on 24,000 equity shares (around 0.00 percent of total share capital) held with Nuvama Wealth Finance Ltd, event dated 30 July 2026. The shares were encumbered as a pledge and subsequently invoked. Raaja Kanwar personally held about 0.31 percent of the company pre-event. The pledge invocation quantum is extremely small relative to company size.
Negligible impact. Only 24,000 shares invoked, a tiny fraction of capital. No material change to promoter control or shareholder value.