StockWatch
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Pharmaceuticals
Shareholding10 Jun 2026, 04:41 pm

Gennex Promoter Pledges 25 Lakh Shares for Business Loan

AI Summary

Gennex Laboratories Ltd announced that its promoter, Premier Fiscal Services Pvt. Ltd., has pledged 25,00,000 equity shares, representing 1.029% of the total share capital, in favor of M/s. Vidya Tradecon Pvt. Ltd. This encumbrance was created on June 09, 2026, and is set to expire on December 07, 2026. The reason cited for the pledge is to avail a business loan. This action increases the promoter's already encumbered shares to 1,25,00,000, which is 5.145% of the total share capital and 4.116% of the promoter's holding.

Key Highlights

  • Promoter Premier Fiscal Services Pvt. Ltd. pledged 25 lakh shares.
  • Pledge created for availing a business loan.
  • Encumbrance is valid until December 07, 2026.
  • Pledged shares represent 1.029% of total share capital.