StockWatch
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Civil Construction
Shareholding5 Jun 2026, 02:28 pm

GMR Power: Catalyst Trusteeship Releases 15.36% Stake

AI Summary

Catalyst Trusteeship Ltd has disclosed the release of 12,00,00,000 equity shares, representing 15.36% of GMR Power and Urban Infra Limited's paid-up share capital. These shares were previously pledged by GMR Estate Management Private Limited in favor of Catalyst Trusteeship as a debenture trustee for lenders of GMR Sports Venture Private Limited. The release occurred on June 2, 2026. This action impacts the encumbered shareholding of the company.

Key Highlights

  • Catalyst Trusteeship released 15.36% stake in GMR Power.
  • 12 crore shares were released from pledge.
  • Shares were held by GMR Estate Management Private Limited.
  • Release benefits lenders of GMR Sports Venture Private Limited.