Horizon Industrial promoters pledge 75.4% stake for $480M loan
Horizon Industrial promoters pledge 75.4% stake for $480M loan. Promoters of Horizon Industrial have pledged 75.4% of their holding to secure a $480 million credit facility. This move aims to strengthen working capital and support expansion plans. High pledge levels may raise concerns if stock declines.
📊 STOCKS: $HORIZON | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Pledge
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