StockWatch
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Residential- Commercial Projects
Shareholding13 Oct 2026, 10:58 am

CTL Trusteeship pledges 19.04% stake in Shah Construction

AI Summary

CTL Trusteeship Limited has disclosed the pledge of 30,706 equity shares of Shah Construction Company Limited. This pledge represents 19.04% of Shah Construction's total equity share capital. CTL Trusteeship is acting as a Debenture Trustee on behalf of debenture holders and as a Put Option Security Trustee for identified investors. The shares were pledged on October 8, 2026. This disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • CTL Trusteeship pledged 30,706 equity shares of Shah Construction.
  • This pledge constitutes 19.04% of the company's total share capital.
  • CTL Trusteeship acts as Debenture and Put Option Security Trustee.
  • The shares were pledged on October 8, 2026.