StockWatch
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Pharmaceuticals
Shareholding2 Jun 2026, 10:32 am

Ajanta Pharma Promoter Ravi Agrawal Adjusts Pledge on 4.8 Lakh Shares

AI Summary

Ajanta Pharma Limited promoter Ravi Agrawal, acting as a trustee for the Ravi Agrawal Trust, has disclosed the creation and release of share pledges. The promoter released a total of 2,60,000 equity shares from pledge and created a new pledge on 2,20,000 equity shares. The transactions were conducted for re-financing purposes, with the release attributed to excess pledge. The post-event encumbered holding for the Ravi Agrawal Trust stands at 6,023,920 shares, representing 4.82% of the total share capital.

Key Highlights

  • Promoter Ravi Agrawal released 2,60,000 shares from pledge.
  • A new pledge was created on 2,20,000 shares for re-financing.
  • The net change results in a reduction of total pledged shares by the promoter.
  • The Ravi Agrawal Trust's total encumbered holding is now 6,023,920 shares (4.82%).