Plethico Pharmaceuticals Limited has submitted to the Exchange disclosure under regulation 8A(4) of SEBI (SAST) Regulations, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Goodness Gracious!What have I just read!!
The promoters hold over 87% of the equity and have quietly pledged 55% of it (i.e.over 47% of the total share capital) to financiers.

WHEW!(wait,let me take a deep breath)..........it appears that they too pledged their capital and have been increasing their pledge as they are unable to pay the margin call...............this amount they have cumulatively received is huge,where is it?? Stock market losses I guess.Now if the market tumbles(with weak global cues which is a distinct possibility---see chinas export figures today to USA/Europe taking a tumble)then the financiers have to sell the stock,48% of the equity.....Whew!!
Why have the promoters not redeemed their shares,can they ever redeem it?......No,such a huge sum!It will have to be offloaded by the financiets on a market tumble...........Also it suddenly fell from 270 levels to 155 some time back,must be margin calls not being met.
Again a risky proposition,not only here but so many companies have pledged stock and cannot pay back and on a real tumble pyramid selling across the board will send the market crashing to around 3000 levels on the sensex!
The small investor best exit all stocks/mutual funds and only buy on dips to exit with around 10% gain or 5% stop-loss.