A promoter of Ajanta Pharma Limited has created a pledge on 1,27,660 shares. According to a disclosure dated December 31, 2025, the reason for creating the pledge is to increase a loan. This action involves Aayush Agrawal, acting as trustee of the Aayush Agrawal Trust, and impacts a small percentage of the total share capital.
Details of Share Pledge
Ajanta Pharma Limited announced on December 31, 2025, that one of its promoters, Aayush Agrawal, in his capacity as trustee of the Aayush Agrawal Trust, has created a pledge on company shares. The total number of shares pledged amounts to 1,27,660.
Reason for Pledge Creation
The stated reason for the creation of this pledge is to facilitate an increase in a loan. This suggests that the promoter is leveraging their shareholding to secure additional financing.
Impact on Shareholding
Following this transaction, the trustee Aayush Agrawal Trust holds 82,48,407 shares, constituting 6.60% of the total share capital.
Details of Encumbrance
The pledged shares, representing 0.10% of the total share capital, are encumbered in favor of Bajaj Finance Ltd. This pledge was officially created on December 30, 2025.
Source: BSE