Announced Thu, 20 Aug · 17:53 IST
RMC releases pledge on shares held in IHSPL
RMC · 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
+0.5%1-day move
₹250.60
prior close
₹250.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+1.1+1.2+4.1+0.5+0.2+2.5+0.2-1.4-7.2-15.8-13.6——
Up moveDown movePending
AI summary
RMC Switchgears has released the pledge on shares it held in Intelligent Hydel Solutions Private Limited (IHSPL). The shares were originally pledged to Saatvik Cleantech EPC Private Limited on March 31, 2026, under a Loan-cum-Share Pledge Agreement. With effect from August 20, 2026, the pledge stands extinguished. The company states this has no material impact on its financials, operations, or management.
Likely market impact
Pledge on IHSPL shares is extinguished, freeing those holdings. Company says no material impact on operations or finances.