Deutsche Bank AG, Hong Kong Branch, has issued a disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This notice pertains to the encumbrance over certain equity shares of Orient Cement Limited. This action is related to new financing facilities availed by Endeavour Trade and Investment Ltd, which will be used, in part, to refinance existing facilities.
SEBI Disclosure for Orient Cement Share Encumbrance
Deutsche Bank AG, Hong Kong Branch, has made a disclosure in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure relates to an encumbrance placed over certain equity shares of Orient Cement Limited.
New Financing Facility and Refinancing
This encumbrance is in connection with new financial indebtedness availed by Endeavour Trade and Investment Ltd through a facility agreement dated 21 October 2026. The proceeds from this new facility are intended, among other uses, to refinance and repay one of the facilities previously availed under an original facilities agreement dated 20 October 2023.
The original disclosure regarding these facilities was made on 24 April 2025 and 20 June 2025. The current disclosure reiterates the encumbrance on the equity shares of Orient Cement Limited for the benefit of certain lenders and other finance parties involved in the new financing arrangement.
Details of Shareholding and Encumbrance
Before the current consideration, the holding in Orient Cement Limited (TC) was 149,292,730 shares, representing 72.66% of the total voting capital. Following the new facility and the related security arrangements, the holding remains unchanged, with the same number of shares and percentage of voting capital being encumbered. The total equity share capital of Orient Cement Limited is stated as 205,459,873 equity shares of INR 1 each.
Source: BSE
