Deutsche Bank Discloses Indirect Encumbrance on Dhoot Transmission Shares

Deutsche Bank AG, Hong Kong Branch, acting as agent and security agent for a consortium of lenders, has filed a disclosure under SEBI's Takeover Code regarding an indirect encumbrance over equity shares of Dhoot Transmission Limited. The encumbrance pertains to shares held by BC Asia Investments XV Limited (Borrower) and BC Asia Investments XVI Limited (Guarantor), which collectively hold 42.41% of Dhoot Transmission's equity on a fully diluted basis. This disclosure is a regulatory requirement triggered by the creation of security over these shares in favor of the lenders under a facility agreement dated March 17, 2025, and subsequent amendments. The filing indicates that prior to this, Deutsche Bank, along with its PACs, held no shares or voting rights in Dhoot Transmission.