ACC Ltd Promoter Encumbers 1.24 Cr Shares for ₹1439 Cr Facility

ACC Ltd's promoters, Holderind Investments Limited and Endeavour Trade and Investment Limited, have disclosed the encumbrance of 12,472,807 shares, representing 6.64% of the total share capital. This encumbrance is part of a facility agreement valued at up to USD 1.375 billion (approximately ₹14,391,124,717). The new facility is intended to partly refinance/repay the original facilities. Deutsche Bank AG, Hong Kong Branch, acts as the security agent for the lenders, which include several international banks. This disclosure is made under SEBI (SAST) Regulations, 2011.