Promoters release pledge on 59.12 lakh shares; debt cleared
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Promoters of Gayatri Sugars Ltd have released the pledge on 59,12,353 equity shares (about 12.19 percent of total share capital). The release happened on 13 August 2026 and the reason given is debt cleared. The three promoters involved are T.V. Sandeep Kumar Reddy, T. Indira Reddy, and T Subbarami Reddy. Post-release, promoter encumbered holding drops to 10.63 percent from 18.59 percent, while total promoter holding stands at 46.94 percent.
Positive for shareholders as reduced encumbrance lowers pledge risk; signals that promoters have cleared their debt obligations.