Adani Ports, Hindustan Zinc among 8 firms where promoter pledge declined in Q2

Promoter pledges in eight Nifty500 companies, including Adani Ports and Hindustan Zinc, reduced in Q2 FY25. Max Financial Services saw the largest decrease with a drop from 72.6% to 0.1%. Other notable declines included Happiest Minds Technologies and Apollo Hospitals Enterprise. This indicates possible improvements in financial health or reduced need for collateralized loans.