HomeNewsBusinessSrei Equipment Finance invokes 2.08% stake in Eros International Media
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Srei Equipment Finance invokes 2.08% stake in Eros International Media

"The company has invoked a pledge on the equity shares of Eros International Media as per the provisions of the pledge agreement dated July 3, 2017," Srei Equipment Finance said in a regulatory filing.

PTI
July 13, 2021 / 10:52 IST
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Eros International Media | The share price has risen 47 percent in the last three trading sessions. On August 12, the stock closed at Rs 29.35 against a close of Rs 20 on August 7, 2020.
Eros International Media | The share price has risen 47 percent in the last three trading sessions. On August 12, the stock closed at Rs 29.35 against a close of Rs 20 on August 7, 2020.

Srei Equipment Finance has invoked 20 lakh pledged shares aggregating to 2.08 percent stake in Eros International Media.

"The company has invoked a pledge on the equity shares of Eros International Media as per the provisions of the pledge agreement dated July 3, 2017," Srei Equipment Finance said in a regulatory filing.

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Pledge was invoked on July 9, 2013, it added.

Srei Equipment Finance held 12.71 percent stake in Eros Media earlier, post invocation, it stands at 10.63 percent.

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