Bharat Forge, Lemon Tree bring pledged promoter shares down to zero
Thu, May 9, 2024 9:30 AM

Bharat Forge, Lemon Tree bring pledged promoter shares down to zero

A Flip by Shubhangi Gupta
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Bharat Forge, Lemon Tree and Tata Communications are among the companies that have managed to bring their pledged promoter holdings down to zero during the January-March quarter, according to a report from Kotak Institutional Equities. During the December quarter, Bharat Forge had 7.1% of its promoter holding pledged, while Lemon Tree and Tata Communications had 3.3% and 3.1% respectively.

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