Brief: Wockhardt Says Guardian Finance Has Wrongfully Invoked Pledge On 20,00,000 Shares Of Co

Wockhardt

28/07/2023 05:41

July 28 (Reuters) - Wockhardt Ltd  WCKH.NS :
    * GUARDIAN FINANCE HAS WRONGFULLY INVOKED PLEDGE ON
20,00,000
SHARES OF CO
    * PLEDGE INVOKED EVEN BEFORE DISBURSAL OF ANY AMOUNT
PURSUANT TO
LOAN AGREEMENT
    * GUARDIAN FINANCE ONLY PARTLY DISBURSED PORTION OF TOTAL
LOAN
AMOUNT ON JULY 26, 27, ONLY AFTER INVOCATION OF PLEDGE
    * CONCERNED PROMOTER ENTITIES CONTEMPLATING FORMAL COMPLAINT
TO
RELEVANT REGULATORY AUTHORITIES

Source text for Eikon:  ID:nBSE3Hp86r 
Further company coverage:  WCKH.NS 

 ((Reuters.Briefs@thomsonreuters.com;))