Eureka Forbes Promoter Lunolux Midco Ltd Discloses Share Encumbrance

Eureka Forbes Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from its promoter, Lunolux Midco Ltd, and its wholly owned subsidiary, Lunolux Ltd. The disclosure pertains to the creation of encumbrances on shares held by Lunolux Ltd in Eureka Forbes. Specifically, Lunolux Midco Limited has created a pledge and a non-disposal undertaking over 100% of its shares in Lunolux Limited, which in turn holds 62.55% of Eureka Forbes. These encumbrances were created on May 7, 2024, and involve CSCGlobal Capital Markets (Singapore) Pte. Ltd. as the security agent for certain lenders. Additionally, Lunolux has pledged 33.57% of Eureka Forbes shares with Catalyst Trusteeship Limited, and further pledged an additional 5.90% on July 28, 2026, in connection with a facility obtained by Lunolux.