Bombay Dyeing

Bombay Dyeing pledges shares worth Rs 75.45 crore

Textile major Bombay Dyeing & Manufacturing, on Tuesday revealed that four of its promoters have pledged 49.72 lakh shares representing 12.88% stake in the company with lenders.

The company stated in a communiqué that its promoter Nowrosjee Wadia & Sons has pledged 4.56% stake amounting 17.59 lakh shares. In addition, another promoter firm Perman Project Supports has pledged 15 lakh shares forming 3.89% stake in the apparel manufacturing firm.