Navin Fluorine International Ltd discloses full release of 1,50,000 pledged equity shares held by promoter Mafatlal Impex Private Limited.
SBI released the balance pledged shares under an Undertaking-cum-Indemnity executed by the Company and Mafatlal Impex.
All promoter equity shares in Navin Fluorine are now pledge-free; the pledge agreement dated August 14, 2024 stands terminated.