Investment4 Mar 2026, 10:39 am
Creation of Pledge Over WeWork India Management Limited's Equity Shares by Catalyst Trusteeship Ltd
AI Summary
Catalyst Trusteeship Ltd, in its capacity as debenture trustee, has created a pledge over the equity shares of WeWork India Management Limited. The pledge is for an aggregate nominal amount of up to Rs. 577,50,00,000 (Rupees Five Hundred Seventy-Seven Crore and Fifty Lakh) for the benefit of debenture holders of unrated, unlisted, secured, redeemable, non-convertible debentures. The pledge is made by Serenesummit Realty Private Limited, the acquirer of the debentures.
Key Highlights
- Creation of pledge over WeWork India Management Limited's equity shares by Catalyst Trusteeship Ltd
- Pledge made for the benefit of debenture holders of unrated, unlisted, secured, redeemable, non-convertible debentures
- Aggregate nominal amount of up to Rs. 577,50,00,000
- Pledge made by Serenesummit Realty Private Limited
- Catalyst Trusteeship Ltd acting as debenture trustee