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Bedmutha Industries LimitedPledging, 16-04-2025: Pledge/Unpledge

16-04-2025 · 07:02 pm

Bedmutha Industries Limited has disclosed unpledging activity involving its promoters. The shares held by Kachardas Ratanchand Bedmutha, Vijay Kachardas Vedmutha, and Ajay Kachardas Vedmutha have been unilaterally closed by Punjab National Bank effective March 25, 2025, due to a procedural compliance related to transferring these shares from IL&FS Securities Services Limited to a new demat account. This transaction does not imply a release or reduction in pledging; rather, it is a procedural step before the re-pledging of shares in favor of the lenders. No changes in the overall shares encumbered by the promoters or promoter group have been reported, which suggests stability in their commitment to the company's financing.

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