Promoter group releases pledge on 30 lakh shares (1.53%)
SHILPAMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 3.8 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter group of Shilpa Medicare released pledge on 30,00,000 shares (1.53% of paid-up capital) on Sept 25, 2026. Six promoter group members had their pledged shares with Bajaj Finance released as collateral for self-loans. Vishnukant C Bhutada: 10 lakh shares, Dharmavati Bhutada: 6 lakh, Deepak Kumar Innani and Ramakant Innani: 5 lakh each, Omprakash Inani and Brijgopal Innani: 2 lakh each.
Lower promoter pledge burden - positive signal indicating loan repayment or reduced financial leverage on promoter holdings.