Announced Tue, 14 Apr · 13:18 IST
Promoter Ketan Kothari releases pledge on 59.25 lakh shares (4.23%)
FINKURVE · 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
+8.7%1-day move
₹63.45
prior close
₹62.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.4+3.9+4.6+4.8+8.7+16.2+10.0+7.4+13.8+7.6+13.5+5.7+4.0+0.9
Up moveDown movePending
AI summary
Promoter Mr. Ketan B Kothari has released a pledge on 59,25,000 equity shares (4.23% of total share capital) of Finkurve Financial Services Limited. These shares were previously pledged with Muthoot Exim Private Limited as a third-party pledge. Post-release, his encumbered holding stands at zero, while his total shareholding remains unchanged at 2,55,31,337 shares (18.23% of paid-up capital). The disclosure was filed under SEBI SAST Regulations 2011 on April 14, 2026.
Likely market impact
Positive signal — reduced encumbrance on promoter holdings lowers financial risk and suggests improved promoter liquidity or debt settlement.