Shareholding11 Apr 2026, 11:31 am
Vardhman Polytex Promoters Pledge Shares & Warrants to Catalyst Trusteeship
AI Summary
Vardhman Polytex Ltd. (VPL) has disclosed that its Promoters and Promoter Group have created a pledge and Non-Disposal Undertaking (NDU) on their shareholding and warrants. This encumbrance, made in favor of Catalyst Trusteeship Limited (Debenture Trustee for VPL's debentures), was reported on April 10, 2026, under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The pledge was created on April 07, 2026, and involves several promoter entities including Adish Oswal, Manju Oswal, Rakhi Oswal, Abhinav Oswal, Aketa Oswal, and various investment companies/HUFs. The filing details the specific number of shares encumbered by each promoter, representing a percentage of the total share capital.
Key Highlights
- Vardhman Polytex promoters pledged shares and warrants.
- Pledge created in favor of Catalyst Trusteeship Limited.
- The encumbrance secures debentures issued by the company.
- Multiple promoter entities are involved in the share pledge.
- Disclosure made under SEBI Takeover Regulations on April 10, 2026.