StockWatch
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Residential- Commercial Projects
Shareholding20 Jun 2026, 01:01 pm

CTL Trusteeship Ltd Pledges 74.73% Stake in Elpro International

AI Summary

CTL Trusteeship Ltd, acting as Debenture Trustee on behalf of debenture holders, has disclosed the encumbrance of 126,654,874 equity shares of Elpro International Limited. This represents 74.73% of the total share capital. The encumbrance, created through a share pledge agreement dated June 17, 2026, involves shares held by IGE (India) Private Limited and R. C. A Limited. The total equity share capital of Elpro International Limited remains Rs. 16,94,79,130 post-encumbrance.

Key Highlights

  • CTL Trusteeship Ltd pledged 74.73% of Elpro International's shares.
  • The pledge is for debenture holders, acting as trustee.
  • Encumbrance involves shares from IGE (India) and R. C. A Limited.
  • Pledge agreement dated June 17, 2026.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.