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Is it good to invest in stocks where the Promoters are pledging their holding ?

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Is it good to invest in stocks where the Promoters are pledging their holding ? Generally, the Founders or Promoters of the public listed company have to mortgage their holding to the banks or some other companies due to the Purpose of their Business or Personal reasons. During the Q4FY19 - the January - March period, the Pledging percentage of Promoters holding have risen significantly listed in the BSE 500 (Bombay Stock Exchange). The Reliance Capital and Reliance Infra were increased their pledging up to 100 percent of their Holding. Already, the RCOM(Reliance Communication) has pledged its entire stake to debt crisis and now it is in bankruptcy process. The listed media company Dish TV had also pledged up to 95 percent of Promoters Holding. The Promoters of Eveready Industries and Zee Entertainment have almost pledged more than 50 percent of their holding. The Pharmaceutical Giant Sun Pharma had too pledged nearly 11 percent of the promoters share holding. Apollo Hospitals had a 78