Announced Fri, 19 Jun · 16:25 IST
Promoter releases pledge on 1.95 crore shares, no new encumbrance created
Compliance View source PDF
VASCONEQ · price
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Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹36.38
prior close
₹36.31
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.6+1.2+0.8-4.1-2.7-4.5-6.2-6.5-6.4-11.4-10.3——
Up moveDown movePending
AI summary
Promoter Vasudevan Ramamoorthy filed a SEBI Regulation 31(4) declaration for FY ended March 31, 2026. He confirmed no new encumbrance was created on shares during the year. Additionally, the pledge on 1,95,17,124 equity shares (approximately 1.95 crore shares) held by him was released during FY 2025-26. The disclosure covers the entire promoter and promoter group including the Vasudevan Family Trust, family members, and Vatsalya Enterprises Private Limited.
Likely market impact
Release of pledged shares lowers risk for shareholders. No new encumbrance signals promoter financial comfort with holdings.