Wockhardt to reduce debt against share pledge to 26% from 65% now in FY24

Khorakiwala-owned Humuza Consultants has pledged its entire 65.46% shares of Wockhardt with private lenders as of March 31, 2023, according to a stock exchange disclosure. The promoter intends to reduce the share pledge to 26% by the end of this fiscal year, the people cited above said.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/wa1hD5g
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