StockWatch
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Cement & Cement Products
Shareholding28 Oct 2026, 07:53 pm

ACC Ltd: Holderind Investments Discloses Share Encumbrance

AI Summary

ACC Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Holderind Investments Limited and Endeavour Trade and Investment Limited. Holderind Investments has encumbered 12,472,807 shares, representing 6.64% of the total share capital. This encumbrance, created on October 21, 2026, is a 'Other covenant' in nature and is in favour of Deutsche Bank AG, Hong Kong Branch, acting as the security agent for lenders. The total amount involved is up to USD 1.375 billion, with the new facility availed to partly refinance/repay original facilities. The filing clarifies that no pledge has been created over ACC Ltd shares.

Key Highlights

  • Holderind Investments disclosed share encumbrance of 12,472,807 shares.
  • Encumbrance represents 6.64% of ACC Ltd's total share capital.
  • Deutsche Bank AG acts as security agent for the lenders.
  • Amount involved up to USD 1.375 billion for refinancing.
  • No pledge created over ACC Ltd shares.