StockWatch
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Pharmaceuticals
Shareholding19 Jun 2026, 05:51 pm

Jubilant Pharmova: Promoters Pledge Shares for Loan

AI Summary

Jubilant Pharmova Limited has disclosed the creation of pledge on equity shares held by promoter entities, HSB Trustee Company Private Limited and HS Trustee Company Private Limited (on behalf of Hari Shanker Bhartia Family Trust), and SPB Trustee Company Private Limited and SS Trustee Company Private Limited (on behalf of Shyam Sunder Bhartia Family Trust). The pledge was created on June 17, 2026, as security for loans availed by Jubilant Enpro Private Limited. HSB Trustee and HS Trustee pledged 19.00% of their holdings, while SPB Trustee and SS Trustee pledged 20.08% of their holdings. The disclosure was made on June 19, 2026, under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoters HSB, HS, SPB, SS Trustee created pledge on shares.
  • Pledge is security for loans taken by Jubilant Enpro Private Limited.
  • Pledge created on June 17, 2026, reported on June 19, 2026.
  • HSB/HS Trustee pledged 19.00% of holdings.
  • SPB/SS Trustee pledged 20.08% of holdings.