Shareholding30 Sept 2026, 04:51 pm
Deutsche Bank Discloses Encumbrance on Horizon Industrial Parks Shares
AI Summary
Deutsche Bank AG, Singapore Branch, acting as agent, has disclosed the creation of an encumbrance under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This relates to equity shares of Horizon Industrial Parks Limited held by three entities: BREP Asia II Indian Holding Co VI (NQ) Pte. Ltd., BREP Asia II EIP Holding (NQ) Pte. Ltd., and BREP Asia III India Holding Co III Pte. Ltd. Collectively, these borrowers hold approximately 75.40% of the target company's total share capital. The encumbrance is in favor of Deutsche Bank AG, Singapore Branch, and other lenders as security for a term loan facility of up to USD 480,000,000.
Key Highlights
- Disclosure filed under SEBI Takeover Regulations by Deutsche Bank.
- Encumbrance created on shares held by three borrower entities.
- Borrowers collectively hold 75.40% of Horizon Industrial Parks.
- Security is for a USD 480 million term loan facility.
- Impact on substantial shareholding and potential future actions.
Price Impact
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