Announced Tue, 1 Sept · 10:22 IST
Promoter pledge on 41.17% shares released after loan repayment
SICALLOG · 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
+0.7%1-day move
₹102.95
prior close
₹103.98
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———-4.6+0.7+5.8+4.4+0.0-0.9-3.8————
Up moveDown movePending
AI summary
Promoter Pristine Malwa Logistics Park has released the pledge on 3,28,43,780 shares (41.17%) and a Non-Disposal Undertaking on 3,32,77,031 shares (41.71%) of Sical Logistics, after the company repaid loans to Aditya Birla Capital, Arka Fincap and Piramal Finance. Total promoter holding remains 73.5% but with zero encumbrance now.
Likely market impact
Loan cleared and full pledge released. Promoter stake is now completely unencumbered, removing a key risk overhang for shareholders.