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Encumbered shares now represent 55.98% of Swan Engitech's own holding of 3,84,02,858 shares, exceeding 50%, though below the 20% of total...
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The total promoter holding remained unchanged at 3.64%, but encumbered shares as a percentage of promoter shareholding rose to 97.58%.
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The encumbrance is a routine financing arrangement, not a regulatory action.
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