Promoter's Pledged Holding In BSE500 Index Increases In March | ET Now | Latest Business News

Pledged shares as a % of total promoter holding at a five-quarter high, with the value of pledged promoter holdings being Rs 2.1Lk Cr. Promoters of 82 companies in the BSE-500 Index had pledged part of their holdings and overall they have increased from 1.6% to 1.71% on a QoQ basis. Fresh promoter pledges include Sundaram Clayton, Spandana Sphoorty, PVR and Uflex. Companies in which pledged promoter holdings declined include Sterling & Wilson, Aurobindo Pharma, Sobha, Lemon Tree Hotel and Apollo Hospitals, among others. No company was reported where the promoters released their entire pledge holdings