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Orchid promoters pledge more shares with lenders

Orchid on Thursday informed the stock exchanges that its promoters have net pledged an additional 7.05 lakh shares in the last week of June.

July 07, 2011 / 09:18 IST
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Moneycontrol Bureau

Orchid on Thursday informed the stock exchanges that its promoters have net pledged an additional 7.05 lakh shares in the last week of June. Founder Raghavendra Rao has pledged 9.8 lakh shares, Orchid Healthcare has pledged 65,000 shares, while two other entities part of the promoter group have revoked the pledge on 3.4 lakh shares.
first published: Jul 7, 2011 09:15 am

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