International Conveyors: Promoter Encumbrance Disclosure Revised
International Conveyors Ltd has filed revised disclosures regarding the encumbrance of shares by its promoters, as per SEBI (SAST) Regulations, 2011. The updated filing, dated August 27, 2026, clarifies details concerning the creation of encumbrances on shares held by I G E (India) Private Limited, R.C.A Limited, Amaranth Daksha Private Limited, Surbhit Dabriwala, and Yamini Dabriwala. These encumbrances, primarily in the form of 'Others' type and dated July 11, 2026, serve as security for an additional rupee term loan facility availed by Zenox Technology Services Private Limited. The lender is Kotak Mahindra Bank Limited, with CTL Trusteeship Limited acting as the Security Trustee. The total promoter holding under encumbrance is reported at 50.69% of the total share capital.
Key Highlights
- Revised promoter share encumbrance disclosures filed.
- Encumbrances are for a loan facility availed by Zenox Technology Services.
- Kotak Mahindra Bank is the lender, CTL Trusteeship is the security trustee.
- Over 50% of promoter shares are now encumbered.
- Disclosure is in line with SEBI (SAST) Regulations, 2011.
Price Impact
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