Shareholding1 Aug 2026, 12:00 pm
Catalyst Trusteeship Discloses 51% Share Pledge for Mac Charles
AI Summary
Mac Charles (India) Limited has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Catalyst Trusteeship Ltd. The disclosure pertains to the pledge of 66,81,537 equity shares, representing 51% of the total share capital, in favor of Catalyst Trusteeship Limited acting as the common security trustee. This encumbrance is related to non-convertible debentures issued by Calatheas and is effective until July 24, 2026. The pledge is a covenant under the Debenture Trust Deed, triggered by specific conditions related to EPDPL's shareholding or control over Mac Charles (India) Limited.
Key Highlights
- Catalyst Trusteeship Ltd disclosed a 51% share pledge in Mac Charles (India) Ltd.
- The pledge involves 66,81,537 equity shares, representing 51% of the total capital.
- This encumbrance is linked to non-convertible debentures issued by Calatheas.
- The pledge is a security trustee arrangement and has an effective date until July 24, 2026.
- The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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