Catalyst Trusteeship Limited, acting as Security Trustee for a lender, has notified the stock exchanges regarding the release of pledged equity shares of Anupam Rasayan India Limited belonging to the pledgor, Mr. Anand Sureshbhai Desai. The release involved 780 shares, decreasing the encumbered holding to zero based on the disclosed figures. This action adjusts the post-transaction holding to 42,49,220 shares, representing 3.732% of the total voting capital, effective February 26, 2026.
Pledge Release Disclosure for Anupam Rasayan
This filing, submitted by Catalyst Trusteeship Limited as the Security Trustee, concerns the release of pledged equity shares of the target company, Anupam Rasayan India Limited. The pledgor involved in this transaction is Mr. Anand Sureshbhai Desai. The transaction date for the release of shares was February 26, 2026.
Shareholding Changes Summary
The disclosure details the status of the acquirer’s holding before and after the release of the encumbrance (pledge). The filing confirms that prior to this event, the total holding of the acquirer and Persons Acting in Concert (PAC) was 42,50,000 shares, constituting 3.733% of the total voting capital.
Details of Acquisition/Sale (Release)
The key event was the release of pledged shares:
- Shares encumbered / invoked/ released by the acquirer: 780 shares.
- Total acquisition/sale: 780 shares, representing 0.001% of the total voting capital.
- The mode of transaction was specifically listed as By way of release of pledge on equity shares.
Post-Transaction Holding
Following the release of the 780 shares:
- Shares carrying voting rights held by the acquirer along with PACs amount to 42,49,220 shares, equating to 3.732% of the total voting capital.
- Shares encumbered with the acquirer (pledge/lien/etc.) reduced to zero (as implied by the total of 780 released, though item ‘b’ in the ‘After’ section shows 780, which is inconsistent with the release volume unless 780 was the residual amount being released or the intended disclosure of remaining encumbrances is zero). Based on the ‘Details of acquisition/sale’ section, the total shares released were 780, leading to the new share count of 42,49,220.
Capital Structure Context
The total paid-up equity share capital of the Target Company (TC) before the transaction was INR 1,13,84,83,100/- (representing 11,38,48,310 shares of INR 10/- each). The total diluted share/voting capital after the transaction stands at INR 1,13,85,03,980/-, comprising 11,38,50,398 paid-up equity shares, reflecting the net change in capital structure due to the release.
This disclosure was authorized and signed on March 02, 2026, by Deesha Srikkanth, Senior Vice President of Catalyst Trusteeship Limited.
Source: BSE
