Pledge on promoter group shares fully released - no shares left encumbered
SHK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and in line with its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Keva Constructions Pvt Ltd, part of the promoter group of SHK, had pledged 63 lakh shares (4.55 percent of paid-up capital) with Infina Finance as security for credit facilities. Infina released 47.01 lakh shares on Oct 14 in an earlier disclosure, and has now released the remaining 15.99 lakh shares on Oct 19, 2026. Consequently, no shares of the company remain under any pledge.
Positive for shareholders - full removal of promoter group pledge removes an overhang risk and suggests easing of earlier borrowing pressure.