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Stock market advice | Promoters Holding Disclosed

1. It is a commendable step by SEBI, though a late step that it has made disclosure related to pledging of shares a must by the promoters. This data will help one to know the real percentage of the pledged shares for raising capital and only one thing thereafter to apply is the mind to know that with what purpose these promoters must be using the money raised to progress ahead in life whether for their own means or for the betterment of the company.

2. Thus one has to use this information with discretion as we personally considered Zicom as a nice bet in times of security threat, but in light of its promoters pledging its complete stake is a cause of the concern and one needs to really snoop to know the real motive of the promoters pledging their shares. A number of companies must not have had still complied with SEBI order and they will take some time before this stock market advice becomes real authentic.
CompanyPledged Shares (%)
Maytas Infra100%
Tata Coffee100%
Tata Steel13.5%
Indian Hotels3.5%
Tata Power14.6%
Tata Teleservices95%
Tata Motors28%
Unitech100%
India Cements82%
Zuari Industries70%
Bombay Rayon18.43%
Nagarjuna Fertilisers24.56%
Ganesh Housing30%
Torrent power21%
Aban Offshore8%
JP Hydro60%
Radaan media works23%
Time Technoplast28% (entire stake pledged)
Micro Inks70%
Ansal Housing30%
Rain Commodities21%
UTV Software23%
Karuturi Network22% (entire stake pledged)
Gujarat NRE Coke16%
Asian Paints15%
Kitply Industries35%
Great offshore15%
Shyam Telecom20%
Dolphin Offshore30%
Jindal Drilling26%
Jubilant Organsys13.66%
SRF32%
Kamat Hotels47%
Ahluwalia Contracts18%
Dhanush Technologies34%
Mascon Global52%
Dhampur Sugar Mills18%
Cranes Software27%
Bil Power11%
Haldyn Glass40%
Karuturi Global18% (entire stake pledged)
Zicom Security Systems13% (entire stake pledged)
MRO-TEK38% (entire stake pledged)

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