Promoter Aayush Agrawal, acting as Trustee for the Aayush Agrawal Trust, has reported significant changes in the pledged shares of Ajanta Pharma Limited as of March 26, 2026. A pledge was created on 10,42,500 shares for securing a new loan. Concurrently, a pledge release occurred for 8,50,000 shares, attributed to the reason that the associated loan was not taken. The disclosure provides a full accounting of the resulting encumbered holdings.
Ajanta Pharma Promoter Pledge Update
This announcement serves as a formal disclosure by Aayush Agrawal, Trustee of the Aayush Agrawal Trust, regarding the creation and subsequent release of share pledges related to his holdings in Ajanta Pharma Limited (Scrip Code: AJANTPHARM). The reporting date for these transactions is set as March 26, 2026.
Details of Pledge Transactions
The report details two primary actions concerning the encumbrance of the promoter’s shares:
- Creation of Pledge: A total of 10,42,500 shares were pledged. The stated reason for this creation of pledge is the securing of a new loan.
- Release of Pledge: A total of 8,50,000 shares had their pledge released. The official reason cited for this release is that the associated loan was not taken.
Detailed Holding Information (As of March 23 & 25, 2026)
The attached schedule provides a comprehensive breakdown of the promoter’s holdings and the corresponding pledge activity across different entities associated with the Agrawal family. Key movements reported from the detailed table include:
Aayush M Agrawal, trustee Aayush Agrawal Trust:
- On March 23, 2026, a Pledge Creation occurred for 8,50,000 shares (0.68% of capital) in favor of Motilal Oswal Financial Services Ltd, citing a ‘For new loan’ reason.
- On March 25, 2026, a Pledge Release occurred for 8,50,000 shares (0.68% of capital) from Motilal Oswal Financial Services Ltd, citing ‘Loan not taken’.
- Separately, the Trust executed a Pledge Creation on March 23, 2026 for 1,92,500 shares (0.15% of capital) in favor of Ashika Credit Capital Ltd for a new loan.
Resulting Encumbered Position:
Following these specific transactions, the overall post-event holding of encumbered shares for Aayush M Agrawal, trustee Aayush Agrawal Trust, stands at 82,04,162 shares, representing 6.57% of the total share capital.
Acknowledgement Request
The disclosure concludes with a request for both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) to kindly acknowledge the receipt of this information and incorporate these details into their official records.
Source: BSE
