NR Agarwal Industries Ltd
🔍 NR Agarwal Industries: Key Updates on Promoter Share Pledges
- Promoters RN Agarwal, Reena Agarwal, and Raunak Agarwal released pledges on their shares.
- RN Agarwal released 7,978,105 shares (46.88% of total share capital) on Dec 16, 2025.
- Reena Agarwal released 4,538,861 shares (26.67% of total share capital) on Dec 16, 2025.
- Raunak Agarwal released 1,000 shares (0.00% of total share capital) on Dec 16, 2025.
- Total promoter shareholding: 12,517,966 shares (73.55% of total share capital).
- Encumbered shares previously made up 73.55% of promoter holding (exceeding 50% threshold).
- Pledges involved SBICAP Trustee Co. and Axis Bank, with values ranging from ₹265.36Cr to ₹812.06Cr.
- Borrowed funds were used for company term loans.