Swan Corp promoter Swan Engitech pledges 45L shares for group loan

Pledge Above 50pctPromoter Below 50pctOwnership Changes View source PDF

SWANCORP · price

Loading chart…

▲ 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

-0.9%1-day move

₹317.20

prior close

₹318.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.8-1.0-1.0-1.1-0.9-1.0-1.6-2.0+5.0-0.4-1.7———

Up moveDown movePending

AI summary

Swan Corp promoter Swan Engitech Works pledged 45 lakh shares (1.43% of capital) on June 24 as security for a group entity's loan from NaBFID. Post-pledge, Swan Engitech's encumbered shares stand at 1.80 crore (5.74% of capital) of its 12.25% holding. Other promoters: Dave Impex holds 14.68% (6.03% pledged); Swan Realtors holds 13.27% (9.57% pledged).

Likely market impact

Raises overall promoter pledge levels, with more shares committed as collateral for group debt. Higher pledges increase risk if lenders invoke them.