B-Right Realestate Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
B-Right Realestate Limited's promoter group, Malani Ventures, has updated its disclosure regarding pledged shares. Malani Ventures pledged 2,400,000 shares, representing 23.23% of the company's total share capital, with HDFC Bank Ltd. This action secures a credit facility of Rs. 30 Crore, intended to meet the company's working capital requirements. The shares pledged are valued at Rs. 77.64 Crore, serving as collateral for the loan. This update provides clarity on promoter group financing activities benefiting the company's operations.
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