Corporate Action4 Nov 2026, 03:32 pm
Natco Pharma Promoter Pledges 8.5 Lakh Shares for Rights Issue
AI Summary
V.C. Nannapaneni, Promoter of Natco Pharma Limited, has disclosed the creation of a pledge on 8,50,000 equity shares of Rs. 2/- each. This pledge was made for the purpose of subscribing to the company's Rights Issue. The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares were pledged with Bajaj Financial Securities Limited.
Key Highlights
- Promoter V.C. Nannapaneni pledged 8,50,000 equity shares.
- Pledge created to subscribe to Natco Pharma's Rights Issue.
- Disclosure made as per SEBI (SAST) Regulations, 2011.
- Shares pledged with Bajaj Financial Securities Limited.
Price Impact
More from NATCOPHARM
Rights Issue30 Oct, 10:44 am
Natco Pharma: Venkaiah Chowdary Nannapaneni Acquires 5.86 Lakh Shares via Rights Issue
Board Meeting29 Oct, 5:32 pm
Natco Pharma Board Meeting on Nov 13 to Consider Unaudited Results, Dividend
Rights Issue23 Oct, 9:10 pm
Natco Pharma Allots 1.7 Cr Equity Shares for ₹1,279 Cr Rights Issue