Promoters pledge 9.62% shares as security for company term loan

Promoter holding below 50%Ownership Changes View source PDF Explain this filing

Price

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

+5.1%Reaction day

₹18.07

prior close

₹18.10

announcement price

After-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

Stock

+2.2

10m

+0.0

15m

-4.9

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

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

-3.2+3.0-6.2-0.8-2.3

-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

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters Akhil Mittal and Pratika Sharma, each holding 27.46% of Raama Finance, have pledged about 39 lakh shares each (9.62% combined) to Mufin Green Finance as security for a term loan taken by the company itself. No prior encumbrance existed. The pledge was created on 31 July 2026.

Likely market impact

Pledging promoter shares as collateral for a company loan may raise concern if repayment becomes difficult. Watch for any invocation risk.