Agri company Jain Irrigation has disclosed an increase in promoter pledges today. The promoters have pledged an additional 14.5 lakh shares, it informed the BSE. As of December 2017, 2.04 crore shares (14.47% of promoter holding, 4.11% of the total) were pledged.
Jain Irrigation had reported good numbers in the third quarter, triggering a buy call from Centrum on the stock.