Announced Sat, 12 Sept · 13:02 IST
Promoter Gautam Udani pledges 2.30% shares as collateral for subsidiary debt
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
-0.6%1-day move
₹253.50
prior close
₹255.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+2.8+2.9+2.0-0.6-4.5-5.4-9.4——————
Up moveDown movePending
AI summary
Promoter Gautam Udani pledged 6,12,647 shares (2.30% of capital) on 09-Sep-2026 to Axis Trustee Services as collateral for debt raised by step-down subsidiary Nityo Tech Services. Post-pledge, his encumbered holding rises to 5.03%. Total promoter encumbrance now stands at 66.30% of promoter shareholding, crossing 50%. Loan amount involved about 45 crore; security cover ratio 0.39:1.
Likely market impact
Higher pledged promoter shares (66.30% of promoter holding above 50%) signals leveraged position; collateral backing for Nityo Tech borrowing.