Aditya Narsing Rao Pledges 3.17M Pennar Industries Shares

Aditya Narsing Rao, Promoter, Vice-Chairman and Managing Director of Pennar Industries Limited, has reported the creation of an encumbrance on 31,73,000 equity shares, representing 2.35% of the total share capital. The shares were pledged with Bajaj Finance Limited on June 17, 2026, for personal borrowing purposes. This disclosure was made on June 18, 2026, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total promoter holding of Aditya Narsing Rao is 90,01,133 shares (6.67%). Additionally, Pennar Holdings Private Limited, part of the promoter group, has 15,00,000 shares (1.11%) encumbered.