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The proportion of shares pledged as a collateral against loans by Indian promoters declined in the quarter ended June, according to Kotak Institutional Equities Ltd.The percentage of ownership pledged by promoters of BSE 500 companies stood at 1.5% in the three months to June, according to a report by the research house. That’s down from 1.7% in the previous quarter.The value of shares pledged by promoters stood at Rs 1.7 lakh crore,…
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