Catalyst Trusteeship Limited, acting as the security agent, announced the release of a pledge over 63,050,966 equity shares of Apollo Tyres Limited. This represents 9.93% of the paid-up share capital. The pledge was originally created by Emerald Sage Investment Ltd in favour of Catalyst Trusteeship for the benefit of certain lenders. The release signifies a significant shift in the encumbrance status of a substantial portion of Apollo Tyres’ equity.
Key Shareholding Update for Apollo Tyres
Catalyst Trusteeship Limited has formally disclosed the release of a significant pledge affecting Apollo Tyres Limited. The announcement, dated August 28, 2026, confirms the unencumbrance of 63,050,966 equity shares. These shares constitute 9.93% of the total paid-up share capital of Apollo Tyres.
Transaction Details
The pledge was initially established by Emerald Sage Investment Ltd. Catalyst Trusteeship Limited acted in its capacity as the security agent for lenders in relation to this pledge. The release of this pledge on August 26, 2026, marks a crucial update to the shareholding structure and reduces the outstanding encumbrances on Apollo Tyres’ equity.
Current Shareholding Context
As of the report date, Catalyst Trusteeship Limited held 63,050,966 shares in the nature of encumbrance (pledge/lien/non-disposal undertaking) which have now been released. The total equity share capital of Apollo Tyres Limited before this release was 63,51,00,946 equity shares, valued at Rs. 1/- each.
Source: BSE
