Eureka Forbes Promoter Lunolux Midco Encumbers 62.55% Stake

Eureka Forbes Limited's promoter, Lunolux Midco Limited, through its wholly owned subsidiary Lunolux Limited, has disclosed the encumbrance of its entire 62.55% stake in the company. This encumbrance, effective May 7, 2024, involves a pledge and a non-disposal undertaking in favor of CSCGlobal Capital Markets (Singapore) Pte. Ltd. for the benefit of certain lenders. The borrowed amount was utilized for repayment of existing facilities obtained by Lunolux. Additionally, Lunolux has pledged 64,950,000 shares (33.57%) and subsequently an additional 11,418,729 shares (5.90%) as of July 28, 2026, in favor of Catalyst Trusteeship Limited.