Corporate Action9 Oct 2026, 11:27 pm
Mcleod Russel: Pledge of Shares Executed with National Asset Reconstruction Company
AI Summary
Mcleod Russel India Ltd has executed an Unattested Agreement of Pledge of Shares today, October 9, 2026. This agreement is in continuation of the Master Restructuring Agreement (MRA) signed on September 29, 2026. The pledge involves the Company, its Managing Director and Promoter Mr. Aditya Khaitan, Member of the Promoter Group Mrs. Kavita Khaitan, and National Asset Reconstruction Company Limited. The pledge will be facilitated through the depository system, with necessary disclosures to be made as per applicable laws. The company will also host this disclosure on its website.
Key Highlights
- Agreement for pledge of shares executed with National Asset Reconstruction Company.
- Pledge is part of the Master Restructuring Agreement signed on September 29, 2026.
- Involves the Company, MD, Promoter Group, and National Asset Reconstruction Company.
- Pledge to be created via depository system; disclosures will be made.
Price Impact
More from MCLEODRUSS