Pledged Shares Meaning Example How Does It Works
Pledged Shares Meaning Explanation Promoters of the company pledge shares & uses shares as collateral security for getting a loan to meet the business requirement or personal fund requirements. For business, the loan can be taken to meet the working capital requirements, loans for acquiring new business, starting new projects, and acquiring assets. It is different for the hypothecationHypothecationHypothecation is a process where a lender receives an asset offered to him/her as collateral security....