Announced Mon, 5 Oct, 2026 · 12:04 IST
Promoters pledge entire 44.79 percent stake in Race Eco Chain
RACE · 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
-2.8%1-day move
₹112.15
prior close
₹110.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—-0.3-0.6-0.2-2.8-7.1-9.4———————
Up moveDown movePending
AI summary
Promoters Dinesh Pareekh, Sangeeta Pareekh, and BLP Equity Research Pvt Ltd have created a pledge on all their 77,30,100 equity shares, equal to 44.79 percent of total share capital, in favor of Share India Securities Limited on 08/09/2026 for personal purposes. 100 percent of promoter shareholding is now encumbered, which is above 50 percent of promoter holding and above 20 percent of total share capital. The borrowed amount is about Rs 59.16 crore against a share value of about Rs 75.37 crore.
Likely market impact
Entire promoter stake pledged for personal loans signals risk of forced sale if borrower defaults, weighing on stock.