Shareholding16 Jun 2026, 10:13 am
GMR Power Promoter Encumbers 46.28% of Shares
AI Summary
GMR Power and Urban Infra Ltd has disclosed the encumbrance of 36,142,6826 shares, representing 46.28% of the promoter's shareholding and 13.34% of the total share capital. The encumbrance, created on June 11, 2026, is in the form of a pledge related to secured, unrated, unlisted, redeemable, and non-convertible debentures issued by GMR Enterprises Private Limited, GMR Business and Consultancy LLP, and GMR ESTATE MANAGEMENT PRIVATE LIMITED. The total value of the shares on the date of the agreement was ₹11,00,03,92,628 against an amount involved of ₹14,00,00,00,000. The encumbered shares are net of releases until June 15, 2026. The reason for encumbrance is for the benefit of the listed company.
Key Highlights
- Promoter GMR ESTATE MANAGEMENT PRIVATE LIMITED encumbered 46.28% of its shares.
- Encumbrance is a pledge for non-convertible debentures worth ₹14,000 Cr.
- Total promoter shareholding is 72.13% of total share capital.
- Encumbered shares represent 13.34% of the total share capital.
- Reason for encumbrance is for the benefit of the listed company.
Price Impact
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