Promoter GMR Estate Mgmt pledges 10.42 cr shares (13.34% of capital) via debentures

Promoter pledge above 50%Ownership Changes View source PDF Explain this filing

GMRP&UI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹106.35

prior close

₹105.89

announcement price

In-mkt

timing

Nifty Microcap 250market+0.6%-1.0% vs market

Power Generation peers, median of 28sector-0.2%-0.3% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.1

15m

-0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.6-1.0-0.2-0.3

Next day

-1.4+1.7-3.0+0.3-1.7

-4.3+2.1-6.4+0.3-4.6

-5.2+3.0-8.2-0.2-5.0

-4.4+3.8-8.2-0.2-4.2

-5.4+3.1-8.6-1.2-4.2

-6.1+2.4-8.4-0.2-5.8

15d

-7.8+1.3-9.0-3.7-4.1

-7.7+3.9-11.5-4.0-3.6

-8.8+7.4-16.2-6.5-2.3

-12.9+5.6-18.5-10.9-2.1

UpDownMarket · Nifty Microcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GMR Estate Management Pvt Ltd, a promoter, has pledged 10.42 crore shares (13.34% of total share capital) on June 11, 2026, as security for secured, unlisted, non-convertible debentures worth ₹1,400 crore issued by GMR Estate Management itself, with Vistra ITCL as debenture trustee. Total promoter encumbered holding now stands at 72.13% of promoter shareholding (46.28% of total capital), net of releases. Proceeds are earmarked for personal use by promoters and PACs, not the listed company.

Likely market impact

72% of promoter shares pledged raises risk of forced sale if defaults occur; funds used for promoter personal use, not company growth.