Shasun Chemicals promoters pledge 3.23 pc stake

Pharmaceutical firm Shasun Chemicals & Drugs on Monday said its promoters have pledged 3.23 per cent stake of the company for an
undisclosed amount.

In a filing to the Bombay Stock Exchange
, the company said promoters have pledged 1,560,000 shares, representing 3.23 per cent stake, of the company.

Abhaya Kumar has pledged 9,10,000 shares, or 1.88 per cent stake, and Shusan Leasing and Finance has pledged 0.21 per cent that is 1,00,000 shares of the company.

Further, A Usha, A Mayur and A Deepak have pledged 0.23 per cent stake each or 3,30,000 shares, it added.

Similarly, Taru Mayur and S Vimal Kumar have pledged in total 2,20,000 shares, representing, 0.23 per cent stake each in the company, it said.