Shareholding13 May 2026, 05:11 pm
Indo Borax: Zenrock Chemicals Creates Pledge on 7.62% Shares
AI Summary
On May 13, 2026, Indo Borax & Chemicals Ltd. received disclosure regarding the creation of a pledge by Zenrock Chemicals Pvt Ltd, a promoter, under SEBI Regulations 31(1) and 31(2). Zenrock Chemicals created a pledge on 1,23,26,764 equity shares, representing 7.62% of the total share capital, on May 12, 2026. The pledge was created to secure debt availed by the promoter from lenders including Catalyst Trusteeship Limited, Special Asset Fund TL2.18 AF IW Offshore Fund, and Special Situation India.
Key Highlights
- Zenrock Chemicals created a pledge on 1,23,26,764 shares of Indo Borax.
- The pledged shares represent 7.62% of Indo Borax's total share capital.
- The pledge was created on May 12, 2026, to secure debt.
- Lenders include Catalyst Trusteeship Limited and Special Asset Fund.
Price Impact
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