Announced Wed, 29 Jul · 19:06 IST
Promoter Lone Furrow pledges additional 29 lakh shares of Medplus Health
MEDPLUS · 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
-2.2%1-day move
₹723.15
prior close
₹721.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.0+0.1—-2.2-3.5-5.5-3.9-4.5-5.2-8.6———
Up moveDown movePending
AI summary
Promoter Lone Furrow Investments created an additional pledge of 29,00,000 equity shares (2.41% of capital) on July 24, 2026, after a top-up notice from Catalyst Trusteeship to restore the Security Cover Ratio on existing debentures. No fresh borrowing was made. Post-pledge, Lone Furrow holds 54,00,000 shares (4.49%) pledged. Total promoter encumbrance now stands at 3,31,27,925 shares or 68.62% of promoter holdings, crossing the 50% threshold.
Likely market impact
Total promoter encumbered shares cross 50% of promoter holding. No fresh debt, but higher pledge ratio signals tighter financial flexibility for the promoter.