Shareholding22 Sept 2026, 05:42 pm
Eureka Forbes: Promoter Lunolux pledges additional 11.53% shares
AI Summary
Lunolux Midco Ltd, a promoter of Eureka Forbes Ltd, has disclosed the creation of an additional pledge on 22,319,748 equity shares of Eureka Forbes, representing 11.53% of the total paid-up share capital. This pledge was created on September 15, 2026, in favor of Barclays Bank PLC and MUFG Bank, Ltd. Hong Kong Branch, acting as lenders. This additional pledge is part of a facility agreement and brings the total encumbered promoter shares to 62.55% of their holding in Eureka Forbes. The disclosure was made under Regulations 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Lunolux Midco created an additional pledge on Eureka Forbes shares.
- The pledge involves 22.32 million shares, representing 11.53% of total capital.
- Pledge was made on September 15, 2026, for lenders Barclays and MUFG Bank.
- Total encumbered promoter shares now constitute 62.55% of their holding.
- Disclosure made under SEBI SAST Regulations 31(1) and 31(2).
Price Impact
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