StockWatch
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Household Appliances
Shareholding31 Jul 2026, 10:48 am

Catalyst Trusteeship Discloses Pledge of 11.4M Eureka Forbes Shares

AI Summary

Catalyst Trusteeship Ltd, acting as onshore security agent for lenders to Lunolux Limited, has disclosed a top-up pledge of 11,418,729 equity shares in Eureka Forbes Limited. These shares represent 5.90% of the issued and paid-up share capital. This pledge is in addition to an earlier pledge of 64,950,000 shares. The total encumbered shares now stand at 76,368,729, representing 39.47% of the total share capital. Catalyst Trusteeship clarifies it holds no beneficial interest in these shares, acting solely as a pledgee.

Key Highlights

  • Catalyst Trusteeship disclosed a new pledge of 11.4M Eureka Forbes shares.
  • This increases the total pledged shares to over 76.3M.
  • The pledged shares constitute 39.47% of Eureka Forbes' capital.
  • Catalyst acts as a security agent, not beneficial owner.
  • Disclosure is under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.