StockWatch
·
Civil Construction
Shareholding18 Jun 2026, 03:39 pm

GMR Power Promoter Encumbers 46.28% Stake

AI Summary

GMR Enterprises Private Limited, a promoter of GMR Power and Urban Infra Ltd, has encumbered 36,142,6826 shares, representing 46.28% of its total promoter shareholding. This encumbrance, which constitutes 61.07% of the promoter's holding and 2.82% of the total share capital, is a pledge towards an existing facility provided by Vistra ITCL (India) Limited for GMR Infra Projects Private Limited. The debt instrument involved is an unrated, unlisted, dematerialized, secured, redeemable, non-convertible debenture with a value of ₹2,32,25,40,000 and an amount involved of ₹3,00,00,00,000. The encumbrance was created on June 15, 2026, and the shares are net off releases till June 17, 2026.

Key Highlights

  • Promoter GMR Enterprises encumbers 46.28% of its stake.
  • Encumbrance represents 61.07% of total promoter shareholding.
  • Pledge is for an existing facility via Vistra ITCL (India) Limited.
  • Debt instrument is a non-convertible debenture worth ₹232.25 Cr.
  • Encumbrance created on June 15, 2026.