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.
Source: The Economic Times Healthcare and Biotech News - Category: Pharmaceuticals Source Type: news