Promoter pledges 1.19 cr shares for Axis Bank Rs 85 cr loan

Ownership Changes View source PDF Explain this filing

SICALLOG · price

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

-1.3%Reaction day

₹94.25

prior close

₹95.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.2% vs market

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250, 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

-0.9

10m

-2.5

15m

-0.2

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.3-0.1-1.2

Next day

-2.8+0.7-3.5

-1.4+2.3-3.8

+0.3+2.2-1.9

-0.3+2.6-2.9

+1.3+3.9-2.6

-2.4+2.7-5.1

15d

-8.8-1.2-7.6

-9.8-0.2-9.6

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Pristine Malwa Logistics Park, the promoter and holding company of Sical Logistics, has pledged 1.19 crore equity shares of Sical Logistics in favour of CTL Trusteeship (Security Trustee for Axis Bank). The pledge secures a term loan of Rs 85 crores from Axis Bank. Voting rights stay with the pledgor unless there is a default. No change in management or control.

Likely market impact

Promoter shares are pledged for company loan; risk if default occurs but no immediate change in control.