News for 'MHM Holdings'

SC declares menstrual health as fundamental right

Private schools failing to provide these facilities risk de-recognition

Huber buys Micro Inks for Rs 991 cr

Why do promoters pledge shares?

Most have pledged their shares as collateral to raise working capital or a term loan, to increase their holding or to fund an acquisition as a multinational had done to buy an Indian company. Companies are rushing to make disclosures on pledging of shares by their promoters after Sebi made it mandatory. Promoters have to disclose details of pledged shares if the same exceeds 25,000 shares in a quarter or 1 per cent of the total shareholding or voting rights of the company.