StockWatch
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Specialty Chemicals
Shareholding19 Jun 2026, 05:50 pm

Jubilant Ingrevia: Promoter Group Pledges 2.75M Shares

AI Summary

Jubilant Ingrevia Limited has disclosed the creation of encumbrance on 2.75 million equity shares, representing 1.73% of the total share capital. This pledge was made by HSB Trustee Company Private Limited and HS Trustee Company Private Limited, acting as trustees for the Hari Shanker Bhartia Family Trust, and SPB Trustee Company Private Limited and SS Trustee Company Private Limited, acting as trustees for the Shyam Sunder Bhartia Family Trust. The shares were pledged on June 17, 2026, as security for loans availed by Jubilant Enpro Private Limited. This disclosure falls under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Key Highlights

  • Promoter group pledged 2.75 million shares of Jubilant Ingrevia.
  • Pledge represents 1.73% of the company's total share capital.
  • Shares pledged as security for loans taken by Jubilant Enpro Private Limited.
  • Disclosure made under SEBI (SAST) Regulations, 2011.
  • Encumbrance created on June 17, 2026.