Loan & Debt23 Feb 2026, 12:30 pm
Pledge Created by Promoter of Agribio Spirits Ltd for Loan Facility
AI Summary
Rigmadirappa Investments Private Limited, a promoter of Agribio Spirits Ltd, has created a pledge over 310,000 shares (2.85% of total share capital) in favor of Nidhi Castings & Alloys Private Limited. This pledge is for a loan facility of up to INR 2,00,00,000 for a maximum period of 12 months starting from 13th February, 2026 to 12th February, 2027. The purpose of the loan is for personal use of the promoter.
Key Highlights
- Rigmadirappa Investments Private Limited, a promoter of Agribio Spirits Ltd, has created a pledge over 310,000 shares.
- The pledge is in favor of Nidhi Castings & Alloys Private Limited.
- The pledge is for a loan facility of up to INR 2,00,00,000.
- The loan is for a maximum period of 12 months starting from 13th February, 2026 to 12th February, 2027.
- The loan is for personal use of the promoter.
Price Impact
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