Gayatri Sugars Limited has reported the release of 13,812,353 equity shares from encumbrance. This action involves shares held by the promoters and promoter group, including T.V. Sandeep Kumar Reddy, T. Indira Reddy, and T. Subbarami Reddy. The release, effective from August 13, 2026, reduces the total encumbered shares from 46.94% to 18.59% of the total share capital.
Promoters Release Significant Shareholding from Encumbrance
Gayatri Sugars Limited announced a significant development concerning its promoter shareholding, with a substantial release of shares from encumbrance. This disclosure, made in accordance with SEBI regulations, details the unwinding of pledged shares by key promoter entities.
Details of Share Release
As of the reporting date, August 23, 2026, the promoters and promoter group, specifically including T.V. Sandeep Kumar Reddy, T. Indira Reddy, and T. Subbarami Reddy, have seen a release of their encumbered shares. The total number of shares released from encumbrance is 13,812,353 equity shares. This event occurred on August 13, 2026, and was categorized as a ‘Release’ of encumbrance.
Prior to this release, the total promoter and promoter group shareholding under encumbrance stood at 34,877,281 shares, representing 46.94% of the total share capital. Following the release, the number of encumbered shares has decreased to 13,812,353, bringing the total percentage of encumbered shares down to 18.59% of the total share capital.
Impact on Shareholding
The post-event holding of encumbered shares indicates a notable reduction. For instance, T. Indira Reddy had 3,793,508 shares encumbered, representing 5.11% of the total share capital. Post-release, this figure has been adjusted, with the company reporting a reduction in encumbrances. The overall consolidated holding in favour of the entity remains significant, with 5,912,353 shares of the total encumbered equity reflecting a 12.19% share in favour, and a total of 7,900,000 shares constituting 10.63% of the share capital post-event.
Source: BSE
