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- Important
- Financial Update
- Fund Raise
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- Pledging
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Ajanta Pharma promoter Aayush Agrawal, representing Aayush Agrawal Trust, has pledged 16.02 lakh shares of the company. These shares are being used as collateral for a bank guarantee and to secure an increased loan. Pledging by promoters is a common practice for various funding needs, but investors often monitor such events as they increase the encumbered portion of promoter holdings.