Revised disclosure clarifies release of pledge on 21.7 lakh promoter shares
ADVENTHTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Sanjana Goenka filed revised SAST disclosure clarifying release of pledge on 21.7 lakh equity shares of Advent Hotels International. Shares were pledged to IDBI Trusteeship on behalf of HDFC Ltd as security for a loan given to Valor Estate subsidiary MIG Bandra Realtors. Loan was fully repaid, triggering release on 18 and 19 Aug 2026. Earlier filing had a percentage error, now corrected to 4.02 percent of share capital. Promoter group holds 24.31 percent.
Positive for shareholders. Pledge on 21.7 lakh promoter shares released after loan repayment, reducing encumbered promoter holding to 4.02 percent of capital.