Affle 3I Ltd: Promoters Revise Share Encumbrance Disclosure
Affle 3I Ltd has submitted a revised disclosure under SEBI's Takeover Regulations concerning share encumbrances by its promoters, AGPL Pte Ltd and Affle Holdings Pte. Ltd. The revisions are in compliance with SEBI's updated master circular dated February 16, 2023, and include a new column for 'Reason for encumbrance' and details of the lenders. The disclosures pertain to a non-disposal undertaking created on June 5, 2026, affecting significant portions of the promoters' holdings. AGPL Pte. Ltd. has 20,089,555 shares (14.27%) encumbered, and Affle Holdings Pte. Ltd. has 57,215,465 shares (40.64%) encumbered. These encumbrances are linked to a facility agreement dated June 5, 2026, involving Axis Trustee Services Limited and other lenders.
Key Highlights
- Promoters AGPL Pte Ltd and Affle Holdings Pte Ltd revised share encumbrance disclosures.
- Disclosure updated to comply with SEBI's latest master circular.
- Non-disposal undertaking created on June 5, 2026, impacts promoter holdings.
- AGPL Pte Ltd's 14.27% and Affle Holdings Pte Ltd's 40.64% shares are encumbered.
- Encumbrances relate to a facility agreement with Axis Trustee Services and other lenders.
Price Impact
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