Announced Thu, 25 Jun · 13:44 IST
Wanbury promoter pledge released on 94.5% of holding, interest rate cut below 10%
WANBURY · 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
+2.2%1-day move
₹277.70
prior close
₹271.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.6+2.9+1.4+3.2+2.2+0.8+3.8+2.8+2.7+0.8+19.2+18.2——
Up moveDown movePending
AI summary
Wanbury's promoter group pledge on 1.42 crore shares (40.65% of paid-up capital, 94.51% of promoter holding) is being released. Debt shifted from Investec AIF and Tata Capital to Axis Finance and Poonawala Fincorp. Only 5.49% of promoter holding remains pledged with SBM. Borrowing cost drops from 12.5% to under 10% from July 1, 2026, which should lower finance costs and support profitability.
Likely market impact
Reduces encumbrance on promoter shares and lowers interest cost from 12.5% to under 10%, positive for earnings and share price.