DB (International) Stock Brokers Limited — Pledging, 08-04-2025: Pledge/Unpledge
Shiv Narayan Daga and associated party entities have released a total of 55,34,546 shares from pledge, significantly affecting their holdings in DB (International) Stock Brokers Limited.
1. **Shiv Narayan Daga**: Released 4,80,000 shares, reducing his pledged shares to 61,32,214 (18.89% of total share capital).
2. **Sharda Daga**: Released 15,10,000 shares, now holding 23,07,000 shares (6.59%).
3. **Shiv Narayan Daga HUF**: Released 12,75,000 shares, now holding 14,92,000 shares (4.26%).
4. **Sheetal Periwal**: Released 12,49,346 shares, now holding 13,97,446 shares (3.99%).
5. **Shikha Mundra**: Released 8,72,402 shares, now holding 13,10,813 shares (3.74%).
6. **Daga Commodities Private Limited**: Released 8,50,119 shares, now holding 14,46,026 shares (4.13%).
This reduction in pledged shares may enhance investor confidence as it indicates a decrease in leveraged positions by insiders, potentially leading to positive market sentiment.
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