International Conveyors Ltd: Promoters Revise Share Encumbrance Disclosures
International Conveyors Ltd has filed revised disclosures under SEBI's Takeover Regulations concerning the creation of encumbrances on promoter shares. The updated filings, dated August 27, 2026, relate to disclosures originally made on July 14, 2026. The revisions pertain to the creation of pledges and other encumbrances on equity shares held by various promoters, including I G E (India) Private Limited, R.C.A Limited, and Amaranth Daksha Private Limited. These encumbrances were created on July 11, 2026, as security for an additional rupee term loan facility availed by Zenox Technology Services Private Limited, with Kotak Mahindra Bank Limited as the lender and CTL Trusteeship Limited acting as Security Trustee. The total encumbered shares now stand at 63.93% of the total share capital.
Key Highlights
- Revised SEBI Takeover Regulations disclosures filed for promoter share encumbrances.
- Encumbrances created on July 11, 2026, as security for a loan to Zenox Technology Services.
- Key promoters like IGE (India) Pvt Ltd have pledged significant shareholdings.
- Total promoter shares encumbered amount to 63.93% of the company's total share capital.
- Disclosures are in continuation of earlier filings and address pledge/encumbrance details.
Price Impact
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