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Bemco Hydraulics informs about release of pledge of shares

04 Feb 2023 Evaluate

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.


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