Shareholding30 Jul 2026, 03:47 pm
Leela Palaces Hotels & Resorts: Revised Promoter Share Encumbrance Disclosure
AI Summary
Leela Palaces Hotels & Resorts Ltd has filed a revised disclosure regarding the encumbrance of promoter shares under SEBI SAST Regulations. The disclosure, dated July 30, 2026, pertains to a pledge agreement executed on June 24, 2026, with Catalyst Trusteeship Limited. This agreement involves 18,67,06,528 shares, representing 55.91% of the company's share capital, held by various promoter entities including Project Ballet Bangalore Holdings (DIFC) Pvt Ltd and others. This revised filing incorporates clarifications sought by BSE Limited following an earlier disclosure on July 1, 2026, which referenced a facility agreement from September 2025 with multiple lenders.
Key Highlights
- Revised SEBI SAST Regulation 31(1) and 31(2) disclosure filed.
- Encumbrance pertains to 55.91% of company shares held by promoters.
- A pledge agreement was executed on June 24, 2026.
- Catalyst Trusteeship Limited acts as the Onshore Security Agent.
- Disclosure includes clarification on previous filings.
Price Impact
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