Announced Fri, 19 Jun · 10:36 IST
Promoter Aditya Narsing Rao pledges 31.73 lakh shares with Bajaj Finance
Ownership Changes View source PDF
PENIND · 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
+2.5%1-day move
₹160.69
prior close
₹161.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2-0.4-0.6+2.5+0.8+0.8+0.9+3.7+3.5+7.1+4.9——
Up moveDown movePending
AI summary
Vice-Chairman and MD Aditya Narsing Rao has pledged 31,73,000 equity shares (2.35% of total share capital) of Pennar Industries with Bajaj Finance Limited for personal borrowing. He holds 90,01,133 shares (6.67% of capital) and had no prior encumbrance. This is a fresh pledge created on June 17, 2026. Other promoter group entities have minimal existing pledges (1.11% of capital).
Likely market impact
New pledge for personal borrowing is a moderate watch item, but total promoter encumbrance remains low at around 3.46% of share capital.