ALPHA TRIBE

Tierra Agrotech LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Tierra Agrotech Limited has announced the release of pledge on shares by promoters Parthasarathi Bhattacharya, Satish Kumar Tondapu, and Sailaja M, reducing their pledged shares by 4,00,000, 7,19,359, and 9,47,661 respectively. These shares were pledged as collateral security with HDFC Bank Limited. The correction clarifies a previous disclosure that overstated the number of shares released. This reduction in pledged shares improves the promoters’ unencumbered holding, which is positive for shareholder confidence and reflects reduced financial leverage on promoter holdings.

No comments yet. Be the first to comment!

All announcements from Tierra Agrotech Ltd