Integrated textile firm Alok Industries today said its 16 promoters have pledged 4.15 crore shares representing 20.16 per cent stake in the company.
In a disclosure to the National Stock Exchange, Alok Industries said Niraj Realtors & Shares, one of the promoters of the company, has pledged 1.29 crore shares representing 6.59 per cent stake.
Similarly, remaining shares have been pledged by 15 other promoters including Dilip B Jiwrajka (2.93 per cent), Grabal Alok Impex (2.74 per cent) and Ashok B Jiwrajka (2.55 per cent).
Shares of Alok Industries today remained unchanged from its previous close at Rs 17.15 on the NSE.
