Announced Tue, 23 Jun · 15:59 IST
Promoter Rahul Saraogi releases pledge on 46.8 lakh Go Fashion shares
GOCOLORS · 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
+6.6%1-day move
₹378.00
prior close
₹377.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+1.3+2.0+2.5+6.6+1.6+3.2-1.8-4.8-6.2-7.4-13.7——
Up moveDown movePending
AI summary
Promoter Rahul Saraogi has released a pledge on 46,81,752 equity shares of Go Fashion (India), equal to 8.90 percent of share capital. The shares were pledged with Kotak Mahindra Bank and IndusInd Bank, with Catalyst Trusteeship as trustee. Post release, his pledged shares fell from 68,86,752 (13.09 percent) to 22,05,000 (4.19 percent). His total holding stays at 18.88 percent. Overall promoter group holding is 55.44 percent with only 4.19 percent pledged.
Likely market impact
Positive signal. Pledge release reduces encumbrance risk on promoter shares, strengthening confidence in promoter holding stability.