StockWatch
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Tyres & Rubber Products
Shareholding29 Aug 2026, 11:30 am

Catalyst Trusteeship Releases Pledge on 9.93% Apollo Tyres Shares

AI Summary

Catalyst Trusteeship Limited, acting as a security agent, has disclosed the release of a pledge on 63,050,966 equity shares of Apollo Tyres Limited. These shares represent 9.93% of the company's paid-up share capital. The pledge was originally created by Emerald Sage Investment Ltd in favor of Catalyst Trusteeship for the benefit of certain lenders. This disclosure is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The release of the pledge occurred on August 26, 2026. Following the release, Catalyst Trusteeship's holding in Apollo Tyres, in terms of encumbered shares, is now nil.

Key Highlights

  • Pledge released on 63,050,966 Apollo Tyres shares.
  • Represents 9.93% of the company's total share capital.
  • Disclosure made under SEBI Takeover Regulations.
  • Pledge was created by Emerald Sage Investment Ltd.
  • Release date: August 26, 2026.