Promoters create pledge on shares to secure company term loan

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Price reactionminutes from the announcement price · days from the prior close

+5.1%Reaction day

₹18.07

prior close

₹18.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.7% vs market

Non Banking Financial Company (NBFC) peers, median of 208sector+0.0%+5.1% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+5.1+0.4+4.7+0.0+5.1

Next day

+10.1+1.7+8.3+0.0+10.1

+12.6+2.1+10.5-0.1+12.7

+6.9+2.1+4.7-0.2+7.0

+1.6+2.1-0.5+0.1+1.5

+0.3+1.9-1.6+0.0+0.3

+4.6+2.4+2.2+0.0+4.6

15d

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-5.1+3.7-8.9+0.0-5.1

-21.3+1.6-22.9-2.7-18.6

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 208Pending

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AI summary

Promoters Mr. Akhil Mittal and Mrs. Pratika Sharma, each holding 27.46 percent (around 2.23 crore shares), have pledged 39,06,250 shares (4.81 percent each) in favour of Mufin Green Finance Limited on July 31, 2026. The pledge secures a term loan taken by Raama Finance Limited itself. Promoters had no prior encumbrance. Combined pledged shares are about 9.62 percent of total share capital.

Likely market impact

Pledging promoter shares to back a company loan shows commitment but adds risk if the loan defaults; pledge size of about 9.6 percent combined is moderate.