Mangalore Chemicals & Fertilizers Ltd (MANGCHEFER) — promoter pledge

Pledged promoter shares first appear in Mangalore Chemicals & Fertilizers Ltd's Sep 2010 filing, covering 65.4% of promoter holding. The share of promoter holding pledged peaked at 99.8% (60.7% of total equity), most recently in Dec 2011, against 21.8% in Sep 2025. A year earlier, in Sep 2024, the figure was 54%. A pledge is reported in 61 of the 79 quarters of promoter shareholding data Solomo holds for this company.

One member of the promoter group reports pledged shares in Sep 2025: ZUARI AGRO CHEMICALS LIMITED (54.03% of the company, 24.4% of it pledged).

Ranked by share of promoter holding pledged, Mangalore Chemicals & Fertilizers Ltd is #249 of the 563 listed Indian companies whose latest quarterly filing reports any pledged promoter shares.

A promoter pledge means a promoter has put their own shares up as collateral, usually against a loan. It is legal and common, and SEBI requires it to be disclosed every quarter in the shareholding pattern. It matters to other shareholders because a sharp fall in the share price can trigger a margin call: if the promoter cannot top up the collateral, the lender can invoke the pledge and sell those shares in the open market, which adds selling pressure to an already falling price and, at high pledge levels, can change who controls the company. The percentage on its own is not a verdict — the level, the direction of travel and what the borrowing funded all matter.