Shareholding22 Sept 2026, 06:01 pm
Additional Pledge of 11.53% Eureka Forbes Shares by Promoter
AI Summary
Eureka Forbes Ltd's promoter, Lunolux Limited, has disclosed the creation of an additional pledge on 22,319,748 equity shares, representing 11.53% of the company's total paid-up share capital. This 'Additional Pledge' was created on September 15, 2026, as security for a Facility Agreement with lenders including Barclays Bank PLC and MUFG Bank, Ltd. This new pledge brings the total encumbered promoter holding to 121,041,730 shares, which constitutes 62.55% of Eureka Forbes' total paid-up share capital. This is in addition to previously reported pledges from May 2024 and July 2026.
Key Highlights
- Promoter Lunolux disclosed reasons for encumbrance of Eureka Forbes shares.
- An additional pledge was created on 22.32 million shares (11.53% stake).
- This pledge is for a facility agreement with lenders.
- Total promoter holding of 62.55% is now encumbered.
- This is in addition to previously reported pledges.
Price Impact
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