Shareholding6 Jun 2026, 10:00 am
Ronak Jain Pledges 2 Cr Shares of Asgard Alcobev for Loan
AI Summary
Promoter Ronak Jain has created a pledge on 2,00,00,000 equity shares of Asgard Alcobev Limited, representing 6.42% of the total share capital. This encumbrance in favor of Kotak Mahindra Bank was created on June 3, 2026, to provide collateral for a loan taken by CMJ Breweries Private Limited, a subsidiary of Asgard Alcobev. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Ronak Jain pledged 2 crore shares of Asgard Alcobev.
- The pledge represents 6.42% of the company's total share capital.
- Encumbrance created in favor of Kotak Mahindra Bank.
- Purpose is to secure a loan for a subsidiary, CMJ Breweries Pvt. Ltd.
- Disclosure filed as per SEBI (SAST) Regulations, 2011.
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