Pharmaceuticals
Pledge1 April 2026 at 04:48 am

Ravi Agrawal Releases Pledge on 9,35,000 Shares of Ajanta Pharma Limited

AI Summary

Ravi Agrawal, a promoter of Ajanta Pharma Limited, has released a pledge on 9,35,000 equity shares of the company. The pledge was created for re-financing purposes and was released due to excess pledge. This disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Ravi Agrawal, a promoter of Ajanta Pharma Limited, has released a pledge on 9,35,000 equity shares of the company.
  • The pledge was created for re-financing purposes and was released due to excess pledge.
  • This disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.