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Share pledging by promoters rose during the January-March quarter (fourth quarter, or Q4) of 2021-22 (FY22) amid increase in market volatility. According to a report by Kotak Institutional Equities, pledged promoter holdings as percentage of promoter holding rose to 1.71 per cent in Q4FY22, from 1.6 per cent in the October-December FY21 quarter.
The value of pledged promoter holdings stood at Rs 2.1 trillion - 0.86 per cent of the total market capitalisation of the BSE 500 Index.
Promoters of 82 companies on the BSE 500 Index had pledged at least some portion of their holdings in the Q4FY22. Only two companies
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