<h1>Promoters of My Mudra Fincorp Pledge Equity Shares to Secure INR 1.5 Crore Borrowings</h1>
My Mudra Fincorp Limited announced that its promoters, Mrs. Nisha Kulshrestha and Mr. Vaibhav Kulshrestha, have created a pledge over their equity shares with LRSD Securities Private Limited. The collateralization was done on August 03, 2026, to secure borrowings amounting to INR 1,50,00,000/- (Rupees One Crore Fifty Lakhs Only) availed by the company.
The pledging of shares was carried out in two tranches. The details of the equity pledged by the promoters are as follows:
| Share Tranche | Shares Pledged | Percentage of Equity |
|---|---|---|
| First Pledge | 5,72,200 | 5.02% |
| Second Pledge | 4,65,400 | 4.09% |
The transaction involves the promoters pledging their equity shares to LRSD Securities Private Limited. This collateral was created against the borrowings of INR 1,50,00,000/- secured by My Mudra Fincorp Limited.
MYMUDRA Stock Price Movement
Shares of My Mudra Fincorp Limited edged higher today, settling at ₹81.90 in post-market trading after gaining 2.38%. The stock closed within its intraday range of ₹79.60 to ₹83.95, with a total traded volume recorded at 27,600 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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