PKH Ventures pledges 65 lakh Garuda shares for working capital
GARUDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter PKH Ventures has pledged 65 lakh shares (6.99% of total share capital, 13.51% of its promoter stake) of Garuda Construction with Aditya Birla Capital on July 31, 2026. The pledged shares are valued at around Rs 113.56 crore against a borrowing of Rs 50 crore, giving a security cover of 2.2 times. Proceeds are earmarked as working capital for the listed company. PKH Ventures continues to hold 51.7% in Garuda post this pledge creation.
Routine pledge creation well below regulatory thresholds. Promoter control unchanged. Watch for any future pledge invocation risk.