
Advent Hotels: Sanjana Goenka Revised Shareholding Disclosure
Advent Hotels International Ltd has filed a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning Sanjana Goenka. The revision clarifies the transaction dates for the release of encumbrance on 21,70,000 equity shares, with releases occurring on August 18, 2026 (13,15,000 shares) and August 19, 2026 (8,55,000 shares). These shares were originally pledged in favor of IDBI Trusteeship Services Limited on behalf of HDFC Limited for a facility to MIG (Bandra) Realtors & Builders Private Limited, which has since been fully repaid. The company also corrected a human error regarding the percentage of promoter holding encumbered, rectifying it to 4.02% of the total share capital.
Key Highlights
- Revised disclosure filed for Sanjana Goenka under SEBI Takeover Regulations.
- Encumbrance released on 21,70,000 shares on Aug 18-19, 2026.
- Pledge was for a facility to a subsidiary, now fully repaid.
- Promoter holding encumbered corrected to 4.02% due to human error.
Price Impact
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