StockWatch
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Pharmaceuticals
Shareholding13 May 2026, 05:11 pm

Ajanta Pharma: Promoter Aayush Agrawal pledges & releases 2.86L shares

AI Summary

Ajanta Pharma Limited's promoter, Aayush Agrawal (trustee of Aayush Agrawal Trust), has disclosed the creation and simultaneous release of pledges on 2,86,213 equity shares each. The pledge creation was undertaken to secure a new loan, while the release of an equivalent number of shares from pledge was due to the repayment of an existing loan. Both transactions occurred on May 12, 2026, with Julius Baer Capital (India) Pvt Ltd. This disclosure was made to the stock exchanges on May 13, 2026, in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Aayush Agrawal created pledge on 2,86,213 Ajanta Pharma shares.
  • An equal number of shares (2,86,213) were simultaneously released from pledge.
  • Pledge creation was for a new loan; release was due to loan repayment.
  • Transactions occurred on May 12, 2026, with Julius Baer Capital (India) Pvt Ltd.
  • Disclosure made under SEBI SAST Regulations on May 13, 2026.