
Acquisitions2 April 2026 at 03:26 am
SBICAP Trustee Company Acquires 0.0016% Shares of HDFC Bank Ltd from Sky Gold and Diamonds Limited
AI Summary
SBICAP Trustee Company Ltd (STCL) has acquired shares of HDFC Bank Ltd from Sky Gold and Diamonds Limited (Borrower) in its capacity as Security Trustee. The acquisition includes 2,52,356 shares carrying voting rights, resulting in a total holding of 0.0016% of the company's equity share capital. STCL acts as a Security Trustee, Debenture Trustee, Share Pledge Trustee, and does not lend or borrow money. The acquisition was made to enforce the security created in its favor, as per the instructions of the lenders or debenture holders, in case of default in repayment of loans or debentures by the borrower or issuer company.
Key Highlights
- SBICAP Trustee Company Ltd (STCL) acquires 0.0016% shares of HDFC Bank Ltd from Sky Gold and Diamonds Limited
- Acquisition includes 2,52,356 shares carrying voting rights
- STCL acts as Security Trustee, Debenture Trustee, Share Pledge Trustee
- Acquisition made to enforce security created in STCL's favor
- STCL does not lend or borrow money
HDFCBANKPrivate Sector Bank
HDFC Bank LtdPrice Impact