HFCL Ltd promoters shareholding completely released from pledging

HFCL Ltd has announced that an aggregate of 6,03,87,187 equity shares, being 100% of the total pledged shares out of the Promoters’ shareholding in the paid up equity shares capital of HFCL, have been released, which were pledged in favour of various lenders, as a collateral security for the credit facilities availed by HFCL.

No equity share held by any of the Promoters in HFCL is pledged as on date.

Shares of HFCL Limited was last trading in BSE at Rs. 70.30 as compared to the previous close of Rs. 72.80. The total number of shares traded during the day was 618745 in over 3915 trades.

The stock hit an intraday high of Rs. 74.60 and intraday low of 69.10. The net turnover during the day was Rs. 43878451.00. Equity Bulls