Promoters release pledged shares at Prakash Industries

Pledge ReleasedOwnership Changes View source PDF

PRAKASH · price

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▲ 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

-6.8%1-day move

₹137.49

prior close

₹138.00

base price

After-mkt

timing

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-0.8-1.0-0.9-1.3-6.8-7.9-7.4-6.4-6.4-7.5-8.4———

Up moveDown movePending

AI summary

Three promoters of Prakash Industries released pledged shares on July 4, 2026. Shree Labh Lakshmi Capital Services released 7,75,400 shares (from 1.29% to 0.86%), Vikram Agarwal released 4,06,500 shares (0.23% to zero), and Ved Prakash Agarwal released 3,00,000 shares (0.45% to 0.28%). The pledges were held by Virtue Financial Services Pvt Ltd. Promoter group total holding is about 44.15% with around 3.61% pledged as on June 27, 2026.

Likely market impact

Positive: Promoter pledged shares released, lowering encumbrance and signaling reduced financial stress on promoters.