StockWatch
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Cement & Cement Products
Shareholding24 Oct 2026, 11:30 am

Ambuja Cements: Deutsche Bank AG Disclosure under SAST Reg 29(2)

AI Summary

Deutsche Bank AG, Hong Kong Branch, acting as security agent, has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning Ambuja Cements Limited. This filing relates to an encumbrance over equity shares of Ambuja Cements Limited for the benefit of certain lenders. The disclosure indicates that prior to the transaction, Deutsche Bank AG held 0.04% of shares carrying voting rights and 66.94% of shares in the nature of encumbrance, totaling 66.98%. After the transaction, the holding remains unchanged at 0.04% shares carrying voting rights and 66.94% shares encumbered, totaling 66.98%. No shares were acquired or sold in this transaction; the filing pertains to the ongoing encumbrance arrangements related to facilities availed by Endeavour Trade and Investment Ltd.

Key Highlights

  • Disclosure filed by Deutsche Bank AG under SEBI SAST Regulations 29(2).
  • Concerns encumbrance over Ambuja Cements Limited shares.
  • No change in shareholding or encumbrance status reported.
  • Transaction relates to refinancing of facilities for Endeavour Trade and Investment Ltd.