Announced Mon, 6 Apr · 15:33 IST
IHP Finvest fully releases pledge on 22.20% promoter holding
INDIANHUME · 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
+4.7%1-day move
₹320.00
prior close
₹321.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.7+0.6+1.2+4.7+3.1+1.7-1.4+1.4+3.4+0.0+8.0-8.8+8.4
Up moveDown movePending
AI summary
IHP Finvest Ltd, a promoter of Indian Hume Pipe Company, has fully released a pledge on 1,16,94,995 equity shares (22.20% of paid-up capital) that was created on 8 December 2021 in favor of SBICAP Trustee Company Ltd. The shares were released on 24 March 2026. As of 31 March 2026, the promoter group and persons acting in concert hold no outstanding pledged shares and have not created any encumbrance directly or indirectly.
Likely market impact
Positive — full release of pledged promoter shares removes risk of forced sale and suggests improved financial standing of the promoter.