ALPHA TRIBE

Shoppers Stop LimitedPledging, 08-09-2025: Pledge/Unpledge

08-09-2025 | 12:22 pm

Shoppers Stop Promoters have refinanced their pledged shares. Cape Trading LLP, Anbee Constructions LLP, and K Raheja Corp Private Limited collectively released 70.77 lakh shares that were previously pledged to HDFC Bank. Subsequently, the exact same number of shares were then pledged to Aditya Birla Capital Limited. This action indicates a shift in the lender for these encumbered shares rather than a change in the overall percentage of shares pledged by these promoters.

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