Pledged Shares

Adani Group loan repayment: How do promoters raise money through pledging?

Adani Group: The repayment of the loan will release the pledge on shares of promoters in four Adani Group companies, Adani Enterprises, Adani Ports, Adani Green Energy and Adani Transmission

Adani prepays loans worth $1.11 bn, releases pledged shares in 3 firms

Move follows Hindenburg Research accusing Adani Group of improper use of offshore tax havens and stock manipulation

ACC promoter entity Ambuja Cements frees NDU on shares of company

After the release, the total promoter holding pledged with lenders now stands at 2.16 per cent from 52.21 per cent earlier

IndusInd Bank invokes pledge on Ichamati's 5 mn shares in Mcleod Russel

Private sector IndusInd Bank on Wednesday said it has acquired a 4.79 per cent stake in embattled tea plantation firm McLeod Russel India by invoking 5 mn pledged shares of the company

Promoter pledging hits three-year high in August at 1.86% of market cap

Value of pledged shares soared 56% to Rs 2.77 trillion in August from Rs 1.78 trillion at the end of July

Mukesh Ambani's trusted aide PMS Prasad pledges 94% of his shares

Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.

Promoter pledging spikes in firms belonging to debt-laden groups

The companies with high promoter pledging also saw a sharp fall in their share prices; market experts say companies with high pledging have seen sharp selling

Adani Ports and SEZ promoters release 56.6 million pledged shares

The promoter family trust holds 39.34 per cent in APSEZ

Torrent Pharma says promoters haven't pledged equity, NSE action not needed

Torrent said a pledge of shares is a security interest in favour of lenders and can be enforced by sale of such shares in event of default

Defaulting promoters may get lifeline, lenders may defer pledged share sale

However, this isn't a blanket policy and will be implemented on a case-by-case basis; accounts granted relief will undergo supervisory review

Promoter pledging in Apollo Hospitals may come down to 20-25%, says CFO

The promoter group shareholding in AHEL was around 30.80 per cent at the end of September, 2019, of which around 66.19 per cent is pledged, according to regulatory filing

Margins will rise for highly pledged companies, say market players

Some criticised the move, saying traders were being punished for the actions of promoters

Best of BS Opinion: Britain's Brexit blues, breaking pledged shares habit

Here's a selection of Business Standard opinion pieces for the day

India tycoons running out of time with debt dagger hanging over stocks

Shares of publicly traded firms with a large portion of equity pledged as collateral risk abrupt declines should lenders move to recover their dues

Private sector banks' pledged shares exposure up by a third since January

Increased pledging is often seen as a sign of liquidity issues with promoter groups

Pledging of shares by promoters: Sebi asks firms to disclose more details

Among the details firms have to furnish are end-use of money and security cover provided

Sebi's share pledge disclosure norms to impact 300 listed companies

At the end of March quarter, outstanding promoters pledged shares stood at Rs 1.95 trillion.

Sebi tightens norms for MFs, pledged shares to boost investor confidence

Market regulator says move aimed at restoring investor confidence

Promoters pledge shares worth Rs 2.4 trn in March qtr, 21% dip registered

Share pledging is typically done by promoters to raise funds either in the same company or for financing other projects

Don't sell off in a hurry, find out why the promoter has pledged shares

While pledging is usually a sign of financial distress, sometimes the promoter may be raising capital he can deploy for attractive returns