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Dharani Sugars & Chemicals LimitedImportant, 04-04-2025: Updates

04-04-2025 · 03:17 pm

Dharani Sugars and Chemicals Limited has disclosed that there have been no new encumbrances on shares by promoters and promoter group members during the financial year ended 31st March 2025, apart from previously pledged shares. Notably, the total number of shares pledged stands at approximately 20.44 crore, accounting for 61.55% of the total paid-up capital. Promoter entities, including Dharani Credit & Finance (P) Ltd and Dharani Developers (P) Ltd, have various pledge percentages ranging from 4.18% to 100% of their holdings. This situation indicates a stable position against further financial risk from additional pledging, but the significant existing pledges could impact investor sentiment regarding liquidity and control. Stakeholders should monitor future developments closely as maintaining confidence is crucial for the company's growth prospects.

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