Vishnu checmicals - 33% of promoters shares pledged

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by TANUJ, Dec 24, 2015.

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  1. TANUJ

    TANUJ New Member

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    Not sure for what purpose these shares have pledged if some body knows please share.
     
    TANUJ, Dec 24, 2015
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  2. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    They have loans 177 cr loans and just 79 cr reserves. That may be possible the reason. Lender has kept the shares of promoters as a collateral security.
     
    Guru Vachaal, Dec 24, 2015
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