Promoter Lone Furrow creates additional pledge of 29 lakh shares

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

MEDPLUS · 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

-0.6%Reaction day

₹723.15

prior close

₹721.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.6%-0.1% vs market

Retailing peers, median of 52sector · industry level-0.4%-0.2% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.2 pts less than its Retailing 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

+0.2

10m

+0.0

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.6-0.1-0.4-0.2

Next day

-2.2+0.5-2.7-0.2-2.1

-3.5+1.9-5.3+1.4-4.9

-5.5+2.3-7.8+1.1-6.6

-3.9+3.6-7.6+0.6-4.5

-4.5+4.0-8.5+1.0-5.5

-5.2+4.0-9.2+0.7-5.9

15d

-8.6+4.9-13.5+0.3-8.9

-6.9+5.9-12.9+1.4-8.3

-9.5+4.8-14.3-2.4-7.1

-20.5pendingpending-8.5-12.0

UpDownMarket · Nifty Microcap 250Sector · Retailing peers, median of 52Pending

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

AI summary

Promoter Lone Furrow Investment created an additional pledge of 29,00,000 equity shares of Medplus on July 24, 2026, after a top-up notice from debenture trustee Catalyst Trusteeship to restore security cover ratio for debentures held by Avendus Finance. Lone Furrow now has 54,00,000 shares pledged. Total promoter encumbrance is 3.31 crore shares, equal to 68.62 percent of promoter holdings.

Likely market impact

Encumbrance now exceeds 50 percent of promoter holding, raising risk of margin calls or forced sale. Watch share price action closely.