Oriana Power Limited — Pledging, 29-06-2026: Pledge/Unpledge
29-06-2026 | 07:37 pm
29-06-2026 | 07:37 pm
Oriana Power's promoters, Rupal Gupta, Parveen Kumar, and Anirudh Saraswat, have placed 52.83 lakh equity shares under a Non-Disposal Undertaking (NDU). This NDU secures a ₹200 Cr loan facility for the company. Each promoter has committed 17.61 lakh shares (approx 8.67% of total share capital) to this agreement. This move increases their total encumbered holding to 25.27 lakh shares each (around 12.44% of total share capital). For investors, this signals the promoters' strong support for the company's financing needs, but also means a larger portion of their stake is now under restriction.
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