During January-March, promoter stake pledges increased for 27 Nifty 500 companies, including Aadhar Housing Finance and Max Financial Services. While pledging isn’t inherently alarming, it raises concerns when a company’s fundamentals are weak, potentially amplifying negative impacts if business performance is already questionable.
MEIL’s MD taps private credit funds Elham, DK, Oaktree to raise Rs 1,500 crore
PV Krishna Reddy, managing director of MEIL, is seeking ₹1,500 crore in debt financing from firms like Elham Credit and Oaktree Capital to fund the