Embassy Developments Limited has announced a fresh pledge of 3,35,00,000 equity shares in favor of Catalyst Trusteeship Limited, acting as a Debenture Trustee. This transaction, finalized on March 27, 2026, represents a 2.41% change in total share capital. Following this latest encumbrance, the total number of pledged shares held by the trustee on behalf of debenture holders has reached 25,81,05,690, accounting for 18.56% of the company’s total share capital.
Details of Share Encumbrance
The company has reported a significant update regarding the pledge of its equity shares. As of March 27, 2026, an additional 3,35,00,000 shares have been pledged. This action serves as security for the benefit of debenture holders, with Catalyst Trusteeship Limited overseeing the arrangement in its capacity as the Debenture Trustee.
Updated Pledged Shareholding
Following this latest pledge, the total encumbered equity stake has increased to 25,81,05,690 shares. In terms of percentage, this represents 18.56% of the company’s total voting capital and 18.28% of the total diluted share capital. The total equity share capital of the company remains at 1,39,06,33,433 shares, with a face value of Rs 2 per share.
Recent Pledge Activity
The latest transaction follows a series of previous pledges that occurred throughout 2025 and early 2026. Notably, shares were also pledged on March 23, 2026 (2,50,00,000 shares), March 20, 2026 (1,10,00,000 shares), and March 16, 2026 (85,00,000 shares). These successive movements in the share price and corresponding encumbrance filings reflect the company’s ongoing financial obligations and the active management of its debt securities.
Source: BSE
