Business Standard

Promoters of Satin Creditcare Network reduce pledge to 3.09%

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Capital Market
The Promoters of Satin Creditcare Network have reduced their pledge percentage from 8.90% as on 16 July 2020 to 3.09% as on 16 March 2021.

The Promoters hold 2,75,21,735 Equity Shares on a fully diluted basis, out of which 8,50,000 Equity Shares are pledged, which amounts to 3.09% of their holding and 1.18% of total equity paid up capital of the Company. Further, the percentage of shares pledged has come down from 52.88% of Promoters' holdings on 31 December 2018.

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First Published: Mar 17 2021 | 8:03 PM IST

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