The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 11, 2025 for Ferry Fax Farms Pvt Ltd
NATHBIOGEN · price
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Nath Bio-Genes has informed the stock exchanges that a pledge on shares held by its promoter group entity Ferry Fax Farms Pvt Ltd has been released. The pledge was with IDBI Bank Limited and covered 225,000 shares, representing about 2.60% of the company's total share capital. Post-release, Ferry Fax Farms holds roughly 2.65% of Nath Bio-Genes with no encumbered shares remaining. The disclosure was filed under SEBI's SAST Regulations (Reg. 31(1) and 31(2)) on June 11, 2025.
This is a positive development for shareholders — the release removes a chunk of pledged promoter shares, lowering the risk of a forced sale or margin-related overhang on the stock. It signals reduced financial stress on this promoter group entity and is generally viewed favorably by the market.