Announced Fri, 17 Jul · 17:31 IST
Promoter Anilkumar Virani pledges 23 lakh shares with Jio Credit
Ownership Changes View source PDF
JYOTICNC · 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
+2.4%1-day move
₹783.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.4+0.8+0.8+1.8+2.8—————
Up moveDown movePending
AI summary
Promoter Anilkumar Bhikhabhai Virani created a pledge of 23,00,000 shares (1.01% of capital) with Jio Credit Limited on 22 June 2026 as security for a business loan. Post this, his encumbered holding rose to 2,42,52,000 shares (10.65% of capital), up from 9.64% earlier. His total holding stands at 14.45% of the company.
Likely market impact
Pledging promoter shares for a business loan raises minor leverage risk, but the incremental pledge is small at about 1% of total capital.