Bemco Hydraulics has informed that pledge of 30% shares in total held by Mohta Capital, Sri Ramachandra Enterprises and UD Finnvest in Bemco Hydraulics consisting of 656010 shares in total as an additional security/ guarantee to the consortium of Banks led by Bank of Maharashtra for the loan availed by the principal borrower, has been released/ revoked.
The above information is a part of company’s filings submitted to BSE.