With all the talk of market rumors, one should actually be thankful for the rudimentary back bone of informal information networks existing and make amends for all the missing informationon the floor. Wirh most mid caps volumes teetering on the edge, lack of information, sometimes criticall ike that Orchid Chem's 80% promoter shareholding is pledged down can really score a lot of negative points for NSE and BSE for market opaquenness and enough cannot be done about it without market participation.

No one would have found out unless ET had reported it on Page 1, traders in the know probably on the market making side since a year or more. 

More to the issue at hand, pledged shares have really reduced and promoter houses have deleveraged for their proprietary trading "budgets" At least pledged shares should not be in the Capital market for raising margin trading volumes and for occasioning portfolio capital / and /or derivatives plays as they can serious impede corporate governance and financial dependence can engender a lot of moral turpitude

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