Dr. Agarwal’s Health Care releases encumbrance on 31,698,303 shares, pledged stake falls to 13.09%
Dr. Agarwal’s Health Care Ltd said it has released 31.69 million shares that had been pledged, taking the pledged portion down to 13.09% from 23.09%. The move reduces the encumbered holding by nearly 43% of the previously pledged block. The company also reported total income rising 23.9% year on year to ₹620.43 crore, pointing to improved liquidity or debt-repayment capacity.