Corporate Action11 Nov 2026, 07:31 pm
Embassy Developments: Pledge Release & Re-creation by Catalyst Trusteeship
AI Summary
Catalyst Trusteeship Limited, acting as Debenture Trustee, has disclosed the release and re-creation of pledge over 5,35,40,000 equity shares of Embassy Developments Limited. The shares were held by Embassy Property Developments Private Limited (EPDPL) and OMR Investments LLP. The total number of pledged shares remains unchanged, and no new borrowing was involved. This transaction was undertaken to comply with SEBI's lock-in requirements.
Key Highlights
- Catalyst Trusteeship managed pledge release and re-creation.
- 5,35,40,000 shares involved in the transaction.
- No change in total pledged shares or borrowing.
- Transaction aimed at SEBI lock-in compliance.
Price Impact
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