ALPHA TRIBE

B-Right Realestate LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

B-Right Realestate Limited's promoter group entity, Malani Ventures Private Limited, has pledged 2,400,000 shares with HDFC Bank. These shares constitute 23.23% of the company's total share capital. The pledge, valued at Rs. 77.64 Crore, secures a Rs. 30 Crore working capital facility directly for B-Right Realestate Limited. This action provides crucial funding for the company's operational needs, utilizing a significant portion of promoter-held shares as collateral to support business activities.

No comments yet. Be the first to comment!

All announcements from B-Right Realestate Ltd