Keerthi Industries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Keerthi Industries' Promoter and Managing Director, Seshagiri Rao Jasti, has released the pledge on 2.405 Cr equity shares. These shares represent 30% of the company’s paid-up capital. This action converts previously encumbered shares into free-holding, significantly enhancing the quality of the promoter's stake. The total promoter holding remains at 38.44% (3.08 Cr shares), but now all these shares are unencumbered. This development is generally viewed positively by investors, as it reduces any potential overhang from pledged shares and signals stronger promoter financial health.