Essayer OR - Gratuit

Lenders seize smid shares as prices fall

Hindustan Times Delhi

|

April 03, 2025

A stock price plunge and, in some cases, a cash crunch has prompted creditors to take control of shares pledged by promoters of at least 15 small-cap companies over the past six months.

- Nehal Chaliawala & Varun Sood

Lenders seize smid shares as prices fall

MUMBAI/BENGALURU:

Solar project consultant and contactor Gensol Engineering Ltd and payment solutions provider AGS Transact Technologies Ltd, two companies that recently defaulted on loans, are among the small-cap firms that reported invocation of pledged shares, according to Prime Database, a Mumbai-based markets data tracking firm.

Other such companies that saw promoter shares taken over by lenders include renewable energy producer Orient Green Power Co. Ltd, digital services assistance provider Vakrangee Ltd, ready-mix concrete provider NCL Industries Ltd, chemicals maker Sadhana Nitro Chem, and electric two-wheeler company Wardwizard Innovations & Mobility Ltd. These firms have a market cap between ₹5 crore and ₹1,500 crore.

PLUS D'HISTOIRES DE Hindustan Times Delhi

Hindustan Times

'SRK mujhe adopt karne waale hain bas'

Actor Raghav Juyal has emerged as a breakout performer from Aryan Khan's The Ba***ds Of Bollywood. Crediting their collaboration, he says, \"Mera aur Aryan ka combination bahut deadly hai. Our thought process is similar in comedy.

time to read

1 mins

October 13, 2025

Hindustan Times

Taliban cautions Pak as violence intensifies

Afghanistan wants to resolve border clashes with Pakistan through dialogue but has recourse to “other means” if peaceful efforts do not succeed, Taliban foreign minister Amir Khan Muttaqi said on Sunday.

time to read

2 mins

October 13, 2025

Hindustan Times

Hindustan Times

Healy masterclass trumps India’s opening statement

The Aussie skipper hits 142, the highest score in this World Cup, to help holders chase India’s 330 with three wickets in hand

time to read

3 mins

October 13, 2025

Hindustan Times Delhi

TINY TREATS, BIG TREND

From bite-sized rasmalai jars to tiny ghewars, here's how artisanal mithai brands are reimagining traditional sweets for modern cravings

time to read

2 mins

October 13, 2025

Hindustan Times Delhi

Hindustan Times Delhi

INDIAN LUXURY AUTO MARKET 2025

Trends, Challenges, and the Promise of GST Reforms

time to read

7 mins

October 13, 2025

Hindustan Times

Women journalists part of Muttaqi's 2nd presser

More than a dozen women journalists attended a news conference on Sunday by Taliban foreign minister Amir Khan Muttaqi, who said their absence at another interaction two days ago wasn't by design.

time to read

1 min

October 13, 2025

Hindustan Times

Hindustan Times

Some families yet to evacuate Signature View Apts

More families evacuated their homes at Signature View Apartments in North Delhi's Mukherjee Nagar on Sunday—the final day of the court-mandated deadline.

time to read

1 min

October 13, 2025

Hindustan Times

CHIDAMBARAM'S COMMENTS ON OP BLUE STAR FAN POLITICAL ROW

Former Union minister P Chidambaram stirred a debate on Saturday as he said Operation Blue Star was carried out in the “wrong way” and former PM Indira Gandhi “paid with her life for that mistake”.

time to read

1 min

October 13, 2025

Hindustan Times

4 arrested over Bengal gang rape

Four people have been arrested for the alleged gang rape of a 23-year-old medical student in a forested area near her college campus in Durgapur, West Bengal, on Friday, chief minister Mamata Banerjee said on Sunday afternoon.

time to read

1 min

October 13, 2025

Hindustan Times Delhi

US seeks e-comm inventory model

Negotiators cite ‘level playing field’, move may heighten the competition

time to read

2 mins

October 13, 2025

Listen

Translate

Share

-
+

Change font size