Consumer durables major Videocon Industries today said its promoters have pledged 36.41 per cent stake of the company for an undisclosed amount.
In a filing to the Bombay Stock Exchange, the company said that its promoters have pledged over 8.35 crore shares, representing 36.41 per cent stake of the company.
Keshardhoot Investment and Shree Dhoot Trading and Agencies have pledged over 1.2 crore each, representing 5.30 per cent stake each of the company, the filing added.
Another promoter Dome-Bell Electronics India has pledged 1.95 per cent, which includes 1,39,260 shares, in favour of State bank of Hyderabad. Akshay R Dhoot has pledged 4,000 shares and Sushma R Dhoot has pledged 600 shares with State Bank of Hyderabad.
Besides, rest of the promoters have pledged over 5.4 crore shares representing 23.33 per cent stake of the company.
Shares of Videocon Industries were trading at Rs 96.40, up 0.94 per cent in the afternoon trade on the BSE.
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