Shareholding4 Nov 2026, 02:21 pm
Celebrity Fashions: SBICAP Trustee Pledges 6.54% Stake
AI Summary
SBICAP Trustee Company Ltd, acting as Share Pledge Trustee for State Bank of India, has pledged 42,21,966 shares of Celebrity Fashions Limited, representing 6.54% of the total share capital. This transaction increases the total encumbered shares to 1,97,28,545, which is 30.56% of the company's total share capital. The pledge was made in favour of SBICAP Trustee Company Ltd for the benefit of the lender, State Bank of India, and is effective as of November 30, 2026.
Key Highlights
- SBICAP Trustee Company Ltd pledged 6.54% stake in Celebrity Fashions.
- Total pledged shares now stand at 30.56% of the company's capital.
- The pledge is a security for State Bank of India as the lender.
- Transaction is a pledge of shares under SEBI (SAST) Regulations, 2011.
- The effective date for the pledge is November 30, 2026.
Price Impact
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