Shareholding11 Aug 2026, 06:01 pm
Keerthi Industries: Promoter Releases 24.05 Lakh Shares from Pledge
AI Summary
Keerthi Industries Ltd has announced the release of a pledge on 2,405,021 equity shares held by promoter Seshagiri Rao Jasti. The shares were pledged with Axis Bank Limited as collateral for a credit facility. Following the release, Seshagiri Rao Jasti's direct holding remains at 3,081,559 shares, representing 38.44% of the total share capital. The disclosure was made in compliance with SEBI (PIT) and SEBI (SAST) Regulations.
Key Highlights
- Promoter Seshagiri Rao Jasti's pledge on 2.4 million shares is released.
- Shares were pledged with Axis Bank for a credit facility.
- Post-release, promoter holding remains 38.44% of equity.
- Disclosure complies with SEBI (PIT) and (SAST) Regulations.
Price Impact
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