🟢 At a Glance:

Kailash Chandra Agarwal, promoter of Genus Paper & Boards Ltd, has revoked a massive ₹120.6 crore pledge involving 60 lakh equity shares. But here’s the kicker — his shareholding hasn’t changed at all. So what’s happening behind the scenes?

📜 The Insider Filing — Decoded

🤨 Wait… So He Didn’t Sell or Buy?

Correct. This is not a trade, not a fresh acquisition, and definitely not a sale. This is just revocation of a previously pledged security — which means:

• The promoter has cleared debt or fulfilled collateral obligations
• The pledged shares are no longer with the lender
• The stock is now free from encumbrance

In simple terms: it’s like getting your gold back from the bank after repaying a loan

🧠 Why This Matters

• Promoter pledge = market red flag 🚩
• Revoking pledge = a sign of confidence ✅
• Especially when the amount is over ₹100 Cr

It signals that:

• Company financials may be improving
• No need to keep promoter shares as collateral
• Lenders are satisfied (or debt has been paid down)

BUT — don’t get carried away.

The promoter still owns only 5.17% of the company.

📊 Genus Paper Stock Check

• NSE Symbol: GENUSPAPER
• Last known BSE Code: 538961
• ISIN: INE949P01018
• Market Cap: ~₹750 Cr (as per May 2025)
• 52W Range: ₹10 – ₹28
• F&O: Not listed

So yes, ₹120 Cr pledge sounds big — but the stock is still microcap territory

💡 EduInvesting Take

• This isn’t a buy/sell signal, but it removes an overhang
• Many funds avoid pledged stocks — this opens up passive fund eligibility
• Genus now needs to back this with earnings, not just filings

A revoked pledge is like a cleaned-up Tinder bio. Now let’s see if they show up on the date.

Tags: Genus Paper promoter action, pledge revocation news, insider trading filing May 2025, NSE GENUSPAPER, promoter shareholding update